Neace Ventures invests in Copper & Kings
US brandy producer Copper & Kings has secured backing from Neace Ventures nearly a year after its sale by Constellation Brands The post Neace Ventures invests in Copper & Kings…
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Uber acquires Delivery Hero for 13 billion euros
The decision has already been made: Uber is acquiring the German food delivery company Delivery Hero. The deal is expected to give Uber a much stronger foothold in Asia, the…
WhistlePig joins Kentucky Distillers’ Association
Non-profit trade group the Kentucky Distillers' Association has welcomed WhistlePig Whiskey as its newest member The post WhistlePig joins Kentucky Distillers’ Association…
Ocado HY shares drop as North American contracts end
Ocado Retail recorded a 15% revenue increase, outperforming the wider UK grocery market
Frasers withholds profit guidance amid takeover uncertainty
Sports Direct owner warns of unpredictable outcomes from Hugo Boss and Accent bids
Dunelm FY sales rise 3% to £1.8bn despite heatwave impact on Q4
The retailer expects its annual pre-tax profit to meet the market consensus of £210m
Mr Kipling Maker Premier Foods' Sales Rise On Solid Demand For Sweets
Mr Kipling maker Premier Foods said it is on track to meet full-year expectations after posting a 4% rise in first-quarter branded sales.
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…
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.