All Mergers and acquisitions articles – Page 59
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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
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Comment & OpinionWhy would Unilever sell PG Tips and Lipton? And who would buy the brands?
Unilever insists it’s not selling, but has called British tea drinkers a ’dying breed’
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NewsKatjes International takes majority stake in Candy Kittens
Global confectionery group Katjes International has grown its stake in UK sweets brand Candy Kittens take a majority share in the company.
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NewsTudor Drinks holds investment talks as it seeks growth funds
The company, whose brands include Harry Bromptons London Ice Tea and Loveau, has been holding conversations with potential investors
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NewsAldi bread supplier Geary’s Bakery sells majority stake
Geary’s Bakery is set to ramp up its growth efforts after receiving a major investment by the Unsworth family
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NewsCity snapshot: Coty takes $600m stake in Kylie Jenner’s cosmetics brands
Consumer beauty giant Coty has taken a majority stake in the beauty business of celebrity Kylie Jenner for $600m. Plus all the rest of the latest news from the City.
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NewsAlbert Bartlett ventures into children’s ready meals with Kiddyum investment
Albert Bartlett has acquired a 40% stake in frozen children’s food supplier Kiddyum for an undisclosed amount
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NewsPrivate equity investment in food and drink remains ‘robust’ amid consolidation trend
Private equity investment in the UK food and drink sector has rebounded as experienced investors look to consolidate in the sector.
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NewsKitwave Wholesale snaps up Alpine Fine Foods
Hull-headquartered Alpine has a turnover of around £13m
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NewsCapri-Sun owner HP Wild grows stake in Oppo
The owners of Capri-Sun have invested a further £1.5m in low-sugar ice cream brand Oppo as it looks to grow the brand internationally.
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NewsCity snapshot: Refresco pushes further into the US with AZPACK acquisition
Bottling giant Refresco has expanded its footprint in North America with the acquisition of AZPACK (Arizona Production & Packaging) as it continues its acquisition spree. Plus, shopping tech firm Eagle Eye continues to grow sales, new non-exec at McBride and all the rest of the latest news from the City.
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NewsEast End Foods grew sales & profits before Exponent acquisition
Turnover at the specialist Asian food wholesaler rose 7.2% to £205.2m in the year ended 30 April 2019