Goldman Sachs

Weetabix may be sold by majority owner Bright Food Group (Flickr/AlexParis)

Weetabix may be sold in £1bn deal

By Matt Atherton

Weetabix could be sold for about £1bn in January, after its majority owner – China’s Bright Food Group – reportedly hired Goldman Sachs to sell the breakfast cereal manufacturer.

Meet Greencore’s new chief financial officer: Eoin Tonge

Greencore appoints new finance boss

By Michael Stones

Greencore has appointed Eoin Tonge as its new chief financial officer and as a director of the group, with effect from Monday October 3.

UB's advisors are exploring bidders for the company, as well as a potential stock market flotation

United Biscuits bid: Kellogg strong contender

By Rod Addy

A trade buyer looks set to acquire United Biscuits (UB) if a sale is decided upon, with Kellogg a strong contender among three core bidders, according to an industry expert.

UB makes a range of products under the McVitie's brand

UB targets 157 job cuts at Stockport factory

By Rod Addy

United Biscuits’ factory cuts continue, with the firm behind Jacob’s Cream Crackers, Twiglets and Jaffa Cakes confirming plans to cut up to 157 jobs at its McVitie’s factory in Manchester.

City split on Northern's plan for brands

City split on Northern's plan for brands

By Ben Bouckley

The City is uncertain about Ranjit Boparan’s plans for Northern Foods, with analysts divided on whether he needs to sell brands such as Fox's Biscuits and Goodfella's to pay down debt following his £342m takeover.


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