All Mergers and acquisitions articles – Page 16
-
NewsCity snapshot: British American Tobacco agrees Russia exit
British American Tobacco has struck a deal to exit its operations in Russia and Belarus. Plus trading updates from Hilton Food Group and PayPoint and all the rest of the latest news from the City
-
NewsBakeAway mulls further appeal after tribunal backs CMA order to sell Jus-Rol
The UK arm of French bakery giant Cérélia is mulling a further appeal against a regulatory decision to block its acquisition of ready-to-bake bakery brand Jus-Rol
-
NewsB&M agrees to buy 51 Wilko stores as hopes for wider rescue fade
The announcement has been taken as a sign that a rescue of Wilko’s remaining 350 stores and brand is unlikely
-
NewsRadnor Hills buys Highland Spring Group Welsh production site
Radnor Hills said it had sought an expansion opportunity in Wales for some time
-
NewsCity snapshot: Nestlé sells peanut allergy treatment brand Palforzia
Nestlé has announced this morning it has divested peanut allergy treatment business Palforzia to Swiss healthcare company Stallergenes Greer
-
NewsHeineken takes €300m hit to exit Russia
Global brewer Heineken has completed its exit from Russia, incurring a total cumulative loss of €300m on the deal
-
NewsSubway agrees sale to PE group Roark Capital
Global quick service food chain Subway has agreed a sale to US private equity giant Roark Capital in a deal purported to be worth $9.6bn
-
NewsCity snapshot: Majority of Wilko stores to close within a week, union warns
The GMB Union has warned its members that the majority of Wilko stores will close within a week after a purchase of the discount retailer fell through
-
NewsExponent sells Meadow Foods stake to Fairfax Financial
Private equity player Exponent has sold a ‘significant’ stake in ingredients specialist Meadow Foods to investment group Fairfax Financial
-
NewsUnilever eyes UK launch for frozen yoghurt brand Yasso
It has applied to register the name ‘Yasso’ as a trademark with the IPO
-
NewsCity snapshot: Tyson Foods reportedly eyes China poultry exit
US meat giant Tyson Foods is reportedly exploring plans to sell off its China poultry business in the latest case of a multinational fmcg firm looking to sell key assets in the country
-
NewsRegal Food Products creates one-stop shop with acquisition of Packaging ‘R’ Us
World food producer Regal Food Products has expanded into the non-food space with the acquisition of disposable packaging business Packaging ‘R’ Us
-
NewsEG Group sells 63 US convenience stores to pay down debt
EG Group has agreed to sell 63 convenience stores to US convenience operator Casey’s to reduce its debt pile
-
NewsCheese exporter Somerdale acquired by Barber’s Group
The agreement will see the cheese exporter become an subsidiary of Barber’s Group to “maintain its position as a leading exporter”
-
NewsFood and drink M&A boosted by distressed deals and sunnier economic outlook
The quarterly food and drink M&A report from Grant Thornton found UK industry deal volumes rose for the third consecutive quarter in the three months to the end of June
-
NewsWhitby Seafoods acquisition of Kilhorne Bay under CMA scrutiny
The scampi company planned to acquire Northern Ireland-based Kilhorne Bay
-
NewsSerious Sweets acquires free-from confectionery brand Lexi’s
The acquisitive confectionery group has added a healthier brand to its portfolio with the takeover of mallow and protein bar brand Lexi’s
-
Analysis & FeaturesIs Britvic on to a winner in iced coffee with Jimmy’s?
Britvic has snapped up the ‘fastest-growing brand in RTD coffee’
-
NewsABP acquisition of Scotbeef meat plants to face CMA probe
The Irish red meat giant announced the aquisition in mid-June
-
NewsCity snapshot: CCEP proposes $1.8bn acquisition of Coca-Cola Beverages Philippines
Coca-Cola Europacific Partners is in advanced talks to buy the Philippino Coke bottler from the Coca-Cola Company in a deal that could be worth $1.8bn. Plus, first-half results from Haleon and Kerry Group.