All Mergers and acquisitions articles – Page 76
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NewsSainsbury’s and Asda confirm £51bn mega-merger
Sainsbury’s and Asda have promised “a great deal for customers, colleagues, suppliers and shareholders of both businesses” as the two confirmed a mega-merger worth to create a £51bn retail giant.
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NewsCo-op to appoint new CEO for Nisa after CMA all-clear
The Co-op has engaged headhunter firm Sam Allen Associates to conduct an executive search for the role
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NewsYo Sushi looks to expand into retail and food-to-go with Taiko
The purchase will help underpin Yo’s shift from restaurateur to a multi-brand, multi-format food group
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NewsWhitbread announces Costa spin-off plan
Whitbread has announced its intention to demerge Costa following pressure from activist American investors.
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NewsCity snapshot: CMA clears £137.5m Co-op deal with Nisa Retail
The Competition and Markets Authority (CMA) has ruled on the proposed £137.5m merger of The Co-operative Group with Nisa Retail, which it said did not give rise to competition concerns.
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NewsReal Good Food completes sale of ingredients arm to address losses
Cake and decorations specialist Real Good Food has sold its ingredients business Garrett’s as part of its cost-reduction efforts.
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Comment & OpinionAs takeover gets go-ahead, Co-op will need swift success to satisfy Nisa members
The Co-op will have to quickly get to grips with dealing with thousands of individual and fiercely independent business owners
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NewsCo-op's Nisa takeover gets green light from the CMA
The Co-op now expects the deal to be fully completed early next month, after Competition & Markets Authority waved through the £137.5m takeover
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Comment & OpinionScottish sell-off is a landmark moment for First Milk
The dairy co-op said yesterday it was placing its Arran and Campbeltown creameries for sale
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NewsFirst Milk to sell off Arran and Campbeltown creameries
The dairy co-op said the two sites were no longer a “strategic fit” for the business, however, the move has raised concerns over the future of dairy farming in the region
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Analysis & FeaturesMartin Race of Bestway on its £7.25m swoop for Conviviality
As Bestway appears to have landed its very own bargain booze deal with a £7.25m swoop for Conviviality Retail, MD Martin Race talks about the rationale for the deal and plans for the future
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NewsBrewDog buys 'urban cider' brand Hawkes for undisclosed sum
Hawkes’ founder Simon Wright will remain at its helm and existing staff retain their roles…
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NewsConviviality confirms £7.25m retail sale to Bestway
Stricken Conviviality has confirmed the £7.25m sale of Conviviality Retail to Bestway, including the Bargain Booze, Select Convenience, Wine Rack and Central Convenience chains.
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NewsExclusive: Bestway set to acquire Conviviality Retail in £7.25m pre-pack deal on Monday
Wholesaler’s intervention looks to have saved 2,000 jobs, in knockdown deal set to be rubber-stamped next week
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Comment & OpinionAF Blakemore's decision to sell is a watershed moment
The future of cash & carry as a viable option has been a topic of speculation for many years
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NewsMRH profits up ahead of Motor Fuel Group takeover
MRH has reported a double-digit rise in sales and profits for the year to 1 October 2017
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NewsSingle buyer unlikely for Blakemore depots
The wholesaler this week confirmed plans to sell its cash & carries, eight months after the story first emerged.
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Comment & OpinionIs it exit stage left for Bargain Booze?
While C&C Group is set to snap up Matthew Clark and Bibendum, uncertainty remains about the future of the retail side
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NewsCity snapshot: Conviviality confirms C&C Group wholesale deal
Conviviality put out a statement after hours confirming it had sold its Conviviality Direct business to C&C Group after putting the division into administration with PWC. Plus, Ahold Delhaize CEO to step down and all the latest news from the City.
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Comment & OpinionThe cat’s out of the bag, so who will buy Blakemore’s cash & carry division?
The key to this is not likely to be the price but rather who will want the sites