All Mergers and acquisitions articles – Page 77
-
News
Sainsbury's drops behind Tesco in Adjudicator code compliance
Aldi rated top for fifth year in a row with 97% of suppliers saying it complied with the code consistently well or mostly
-
News
Poundworld founder Chris Edwards looking to buy 186 stores
A decision is due to be announced by administrators Deloitte on whether a buyer has been secured or all 335 stores face closure
-
News
Organic children's food brand Miniscoff in liquidation and seeking buyer
The Wiltshire-based company cited the loss of a major contract for its decision to cease trading 25 May
-
News
Beavertown sells minority stake to Heineken in £40m deal
Heineken’s cash injection will go towards finance the building of a new 125,000 sq ft brewery in London, called Beaverworld, at a yet-to-be-revealed site.
-
News
City snapshot: Woolworths' £1bn forecourt sale to BP scrapped
Australia grocer Woolworths has announced the proposed A$1.8bn (£1bn) sales of its forecourt business to UK-based energy giant BP has been scrapped due to competition concerns. Plus pay dips for B&M boss Simon Arora and all the rest of the latest news from the City.
-
Comment & Opinion
Coupe and Burnley take a battering – but will the CMA take notice?
The pair suffered the mother of all grillings at the hands of MPs today, but it remains to be seen what impact the hearing will have on the deal’s competition clearance
-
News
Sainsbury's and Asda bosses given rough ride by Efra MPs about merger
The bosses of Sainsbury’s and Asda were quizzed by MPs about their proposed mega-merger today
-
News
William Jackson swoops for food service ingredients specialist Wellocks
William Jackson Food Group has further built its food service portfolio with the acquisition of ingredients supplier Wellocks.
-
News
CMA responses to Sainsbury's-Asda deal reveal widespread concerns
It is understood the authority received around 30 responses from individual accompanies and a raft of trade bodies, most of which are believed to have been hostile to the deal
-
News
Poundland offers Poundworld staff guaranteed job interviews
It has set up a dedicated email address for affected Poundworld workers to contact it about vacancies
-
News
City snapshot: Coca-Cola mulls £3bn swoop for GSK’s Horlicks
Coca-Cola is reported to be one of the clutch of multinational fmcg firms lining up to bid for Horlicks after GlaxoSmithKline decided to sell the 145-year old business. Plus, packaging firm DS Smith posts strong rise in sales and profits, Heineken to invest £40m in UK pubs and all the rest of the latest news from the City.
-
News
Sainsbury's letter promises suppliers great opportunities
Sainsbury’s letter to suppliers promises ‘opportunity to streamline’ and to develop differentiated product ranges
-
News
Booths abandons sale plan in favour of driving recovery
The chain, which has 28 stores, appointed investment bank Rothschild in November to examine options including a sale
-
News
Tayto expands again with buyout of The Real Pork Crackling Co
The Northern Irish snacking group has purchased the company from owner Chris Cunliffe for an undisclosed sum.
-
News
MPs to grill Asda and Sainsbury's chiefs over merger plans
The supermarket bosses will appear before the Environment, Food and Rural Affairs Committee next Wednesday
-
Comment & Opinion
Flurry of deals in petfood reflects category gentrification
Deals like Mars’ acquisition of AniCura show the gentrification of the petcare category has truly begun in earnest, says food & drink editor Daniel Selwood
-
News
Poundworld collapses into administration
Talks with potential buyer RCapital collapsed over the weekend, putting around 5,100 jobs at risk
-
Analysis & Features
William Jackson Food Group pledges to reinvest Aunt Bessie's cash
William Jackson Food Group has pledged to plough cash back into the business after agreeing a bumper £210m sale of its key Aunt Bessie’s brand to Birds Eye owner Nomad Foods
-
News
Poundworld buys time with intention to appoint administrators
The process gives the chain 10 working days’ protection from creditors, after which an administrator will be appointed
-
News
CMA launches phase one inquiry into MFG's takeover of MRH
The CMA’s decision on whether to wave the deal through or proceed to a more in-depth phase two inquiry is expected by 6 August.