Stoli to boost Pride and morale with latest investment
A campaign supporting the launch of SPI Group’s Stoli brand will roll out in Brighton’s pubs and bars next month to coincide with the city’s Pride celebrations. Jessica Mason…
Corporate news
Fresh headlines across food, beverage, personal-care, home-care, retail and FMCG services, updated automatically and linked to the original publishers.
Uber In €12.9bn Deal For Delivery Hero To Create Global Takeout Giant
Uber has launched a public takeover offer for Delivery Hero that values the German food delivery company at $14.8 billion (€12.9 billion).
Duvel Moortgat and Heineken join the battle for Haacht Brewery
Heineken and Duvel Moortgat are in the running to acquire Brouwerij Haacht. After an initial selection round, more than five parties are still bidding for the publicly traded…
Britain's Ocado Shares Hit 13-Year Low On Lack Of Progress On Winning New US Partners
Ocado stuck to forecasts for cash flow to turn positive after posting H1 earnings boosted by one-off payments from termination fees.
Essity Beats Q2 Profit Forecast As Volumes Offset Lower Prices
Sweden's Essity reported second-quarter core earnings slightly above expectations as demand remained resilient despite cost pressures.
Aldi Nord Plans Further Store Expansion In Berlin
German discounter Aldi Nord has announced plans to further expand its store network across the German capital, Berlin.
eBay allowed to acquire Depop from Etsy after all
On Wednesday, the British competition authority, the CMA, gave the green light for eBay's planned acquisition of the fashion platform Depop. With this approval, a major hurdle to…
UK's CMA Launches Merger Inquiry Into Danone-Huel Deal
Britain's Competition and Markets Authority has launched an investigation into Danone Holdings (UK)’s proposed acquisition of Huel Limited.
French growth offsets British decline at B&M
B&M posted modest revenue growth in the first quarter. In the United Kingdom, the gardening and outdoor season got off to a slow start, but growth in France and improved…
Upcoming price rises on The Sun likely to deliver stockists extra profit
A store selling thirty copies of the newspaper per day would make £219 extra profit per year
Stripe and Advent are jointly offering $53 billion for PayPal
Payment provider Stripe and private investor Advent International are making a joint bid to acquire PayPal for more than $53 billion (€46.4 billion). If the deal goes through, a…
MDCV UK takes stake in Après Provence
English company MDCV UK has entered a four-year agreement with Après Provence and acquired an equity share in its Côtes de Provence rosé The post MDCV UK takes stake in Après…