All Mergers and acquisitions articles – Page 54
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NewsCity Snapshot: CMA threatens £6bn Just Eat merger
The UK Competition and Markets Authority has thrown a spanner into the merger of Just Eat and Takeaway.com by announcing it has opened an investigation into the deal just as it was poised to complete. Plus, trading updates from Marston’s, Carrefour and all the rest of the latest news from the City.
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NewsHalewood takes stake in craft vodka brand Vestal
Vestal, founded in 2011, is a traditional-style vodka made in Poland
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NewsCity snapshot: SSP Group’s first quarter sales grow as it buys Germany’s Station Food
Travel food specialist SSP Group has had a “robust” start to its financial year and announced the acquisition of German travel catering business Station Food. Plus, Aldi raises pay for staff to maintain its position as the UK’s highest-paying supermarket and all the rest of the latest news from the City.
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NewsGlobal food and drink M&A activity ‘broke records’ in 2019
The number of global food and drink transactions in 2019 totalled 789 deals, up by 12 on the year before
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NewsCat litter shortage hits supermarkets after supplier Bob Martin’s collapse
Bob Martin was bought by Pets Choice after entering into administration, but delays in transferring listings have caused shortages
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NewsTakeaway.com emerges the winner in battle for Just Eat merger
Takeaway.com’s £5.9bn all-share offer was today accepted by 80.4% of Just Eat’s shareholders
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Comment & OpinionJust Eat is hungry to take a bigger bite out of the food delivery market
Just Eat shareholders have until Friday lunchtime to decide between two offers – from Takeaway.com and Naspers’ Prosus
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NewsScandinavian Tobacco Group acquires Dutch cigar maker Agio Beheer BV
STG first announced the deal on 16 September and it completed yesterday (2 January)
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Analysis & FeaturesWhat's really behind the CMA’s enquiry into the Amazon-Deliveroo merger?
The CMA’s investigation comes amid pressure to view ‘competition’ in a less narrow context and to assess the power of digital giants more widely
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Comment & OpinionThe 12 most shocking moments in grocery in 2019… and one that didn’t surprise us
With fire, flood, fibs and feuds, 2019 was a turbulent end to the decade for food & drink. Here are 12 moments that shocked us most this year
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NewsSykes Seafood set to acquire Dutch shrimp specialist Klaas Puul
The British fish processor hopes to complete the deal by February 2020
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NewsInvestment firm True snaps up Soulfresh stake in £26m deal
Soulfresh owns 11 brands including Lo Bros kombucha and Nutty Bruce plant milk
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NewsCranswick buys pig farming business Packington Pork
Cranswick has announced the acquisition of premium outdoor pig farming business Packington Pork from the Mercer family.
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NewsBabease blew through £11m of shareholder cash before collapse
Losses had spiralled to a combined £2.8m on the back of turnover of just £1.4m in the first nine months of 2019
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NewsAmazon and Deliveroo given five days to address merger concerns by CMA
The companies must come up with legally binding proposals to address the Competition & Markets Authority’s concerns
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Analysis & FeaturesTesco Thailand: analysts react to rumours of ‘jewel in the crown’ sale
City analysts have estimated the sale price at between £6bn and £9bn
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NewsTesco mulls Asian business sale following ‘inbound interest’
Tesco has announced it is considering a sale of its businesses in Thailand and Malaysia as part of a “review of the strategic options” for its Asian operations
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NewsValue of global food M&A activity spikes in third quarter
In the third quarter the total value of food industry M&A deals rose 95% over the previous three-month period
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NewsIceland investor Brait announces plans to offload majority stake
Investment company Brait announced yesterday that it plans to offload stakes in both Iceland and New Look
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NewsPG Tips and Lipton set for herbal tea expansion as Unilever denies sale
Unilever denied it was “exploring a sale” of its tea business, contrary to media reports