All Mergers and acquisitions articles – Page 99
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NewsAlfred Jones accounts reveal £768k loss in final trading year
The retailer said the market presented an “increasingly bleak outlook for smaller independent retailers”…
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NewsOrnua buys Cheshire-based cheese firm F. J. Need
Irish dairy group Ornua has agreed to buy Cheshire-based cheese ingredients firm F.J Need for an undisclosed sum.
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NewsCity snapshot: Boparan receives mystery £350m approach for Fox's Biscuits
2 Sisters owner Boparan Holdings has received a takeover approach for its Fox’s Biscuits business from an unnamed suitor, valuing the division at around £350m. Plus all the rest of this morning’s news from the City
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NewsMedia Bites: Weetabix, Premier Foods, Fox's Biscuits, Unilever
The runners and riders are lining up for the potential auction of Weatabix, with a host of names linked to a £1.5bn buyout of the cereal maker over the weekend.
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NewsPE owner of Hancocks engages advisers to explore sale
The private equity owner of Hancocks Cash & Carry is exploring options for a potential sale of the specialist confectioner
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Analysis & FeaturesReynolds takeover 'will fire up BAT potential in e-cigs'
The success of Iqos in markets such as Japan and Italy has boosted PMI’s share price
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NewsCity snapshot: Heineken in talks to buy Kirin’s Brazilian beer business
Dutch brewing giant Heineken has confirmed this morning it is currently is talks with Kirin over a possible deal for its Brazilian beer business. Plus Crowdcube posts record year of food crowdfunding deals and all the rest of the latest news from the City.
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NewsVegemite returns to Aussie roots in £282m Mondelez sale
Vegemite is back in Australian ownership for the first time in more than 90 years after Mondelez International sold the yeast extract spread as part of AU$460m (£281.7m) deal.
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Comment & OpinionOwn-label supplier consolidation is on the way
It would be shocking if the next six months didn’t reveal increased costs for food manufacturers
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NewsBritish American Tobacco takes over Reynolds in £40.7bn deal
BAT has agreed to acquire the remaining 57.8% in Reynolds it does not already own
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NewsFyffes shareholders approve Sumitomo buyout
Fyffes shareholders have overwhelmingly approved the €751m takeover bid from Japanese food group Sumitomo Corporation.
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NewsBernard Matthews takeover wins competition authority approval
CMA has cleared the deal for Boparan Private Holdings to acquire the turkey giant and ended its investigation
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NewsMars expands veterinary presence in $9.1bn VCA acquisition
Food giant Mars has swooped to expand its pet care business with the $9.1bn acquisition of VCA.
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NewsTurkey's Bebeto acquires Dexters Confectionery
Bebeto aims to become one of the top five confectionery brands in the UK by 2020
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NewsMinistry of Cake taken over by Mademoiselle Desserts
French patisserie manufacturer Mademoiselle Desserts has swallowed Ministry of Cake as part of plans to expand its UK presence.
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NewsPotato supplier Preva Produce slips into administration after challenging season
Preva Produce, a potato supplier for the likes of Walkers and Kettle, has fallen into administration after difficult end to 2016, leading to 20 redundancies
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NewsHilton Food Group signs Portuguese meat joint venture with Sonae
Shares in the red meat supplier have climbed 4% so far today to 670p on the back of the agreement.
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NewsSamworth Brothers buys West Cornwall Pasty Co
Samworth Brothers has acquired the West Cornwall Pasty Co from private equity group Endless, the company has confirmed today.
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NewsCity snapshot: Britvic expands in Brazil with £54.5m juice acquisition
Britvic has agreed a £54.5m deal to further grow its presence in Brazil with the acquisition of Bela Ischia Alimentos juice and concentrates business
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NewsPayPoint completes restructuring with £26.5m sale of mobile payments arm
PayPoint has sold its mobile payments business to Volkswagen Financial Services for £26.5m in cash, putting an end to its major restructuring project.