Stock Market

Finsbury posts sales growth in its half-year trading update

Finsbury posts growth as international sales fall

By James Ridler

Speciality cake and bread manufacturer Finsbury Food Group has posted a small rise in sales in its pre-close trading statement, despite a fall in sales from its overseas operations.

Bakkavor founders, Lydur (left) and Agust (right) Gudmundsson

Bakkavor’s flotation on London stock market is back on

By Rick Pendrous

Bakkavor’s plans to float on the London Stock Exchange (LSE) are back on exactly a week after the own-label chilled foods business announced it had decided against a flotation due to adverse market conditions.

Bakkavor founders, Lydur (left) and Agust (right) Gudmundsson

Bakkavor ditches plans for stock market flotation

By Rick Pendrous

Bakkavor, the own-label chilled foods group, has ditched its plans for a £1bn-plus stock market flotation, in an announcement released today (November 3) because of “current volatility” in the market.

Bakkavor founders, Lydur (left) and Agust (right) Gudmundsson

Bakkavor would be an ‘excellent addition’ to stock market

By Matt Atherton

Chilled foods manufacturer Bakkavor would be an “excellent addition” to the stock market, says an industry expert, after reports it was preparing for a stock market flotation that could value it at about £1.5bn.

Premier Foods attempts to reassure the market following press reports

Premier Foods attempts to reassure market

By Rick Pendrous

Premier Foods has attempted to steady market jitters following press reports yesterday [June 29] suggesting it might be about to make a major change in direction following a ‘strategic review’ of its activities as its share price ‘languishes’.

Unilever boss Paul Polman urged the government to review takeover rules

Unilever boss calls for takeover review

By Rick Pendrous

Unilever chief executive Paul Polman’s call for the next UK government to review the UK’s ‘overly liberal takeover rules’ in the wake of the failed £115bn bid for his company from Kraft Heinz, has found some support among food and drink finance experts.

Tesco Stores Ltd has been fined £129M for overstating its profits in 2014

Tesco fined £129M for market abuse

By James Ridler

Supermarket giant Tesco’s subsidiary, Tesco Stores Ltd, has agreed to pay a £129M fine in order to avoid prosecution for market abuse, after overstating its profits in 2014.

Mondelēz International has abandoned its pursuit of Hershey

Mondelēz abandons pursuit of Hershey

By Matt Atherton

Mondelēz International has abandoned its pursuit of US confectionery giant Hershey, the company announced yesterday (August 29), after its $23bn (£18bn) offer was rejected.

Premier's new partnership with Nissin will boost sales, said the firm

Premier Foods formalises deal with Nissin

By Rick Pendrous

Premier Foods and Nissin Foods Holdings Company have entered into a relationship agreement on terms and conditions, following the announcement by US spices firm McCormick that it was withdrawing its takeover bid for Premier last month.

Potts: now owns 1,002,881 shares following the latest purchase

Morrisons boss puts money where his mouth is

By Noli Dinkovski

Morrisons ceo David Potts has demonstrated his confidence in turning around the fortunes of the retailer by investing a further £360,000 in shares.

Spotlight

Featured Events

View more

Follow us

Products

View more

Webinars

Featured Suppliers

All suppliers

Directory