All Finance articles – Page 48
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Product NewsShareholder challenges €800m Aryzta funding plan
Plans by frozen bakery giant Aryzta to raise €800m are being challenged by its largest shareholder.
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NewsGreencore selling US arm to focus on UK market
Greencore Group is to sell its entire US business to an affiliate of Hearthside Food Solutions in a $1bn (£817m) deal.
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NewsPatisserie Holdings reveals £25m plan to save business
Patisserie Holdings is launching a share offer and has admitted it needs a £20m capital injection to avoid calling in administrators.
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NewsPatisserie Holdings finance chief arrested and bailed
Patisserie Holdings finance director Chris Marsh has been arrested, according to the crisis-hit business.
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NewsPatisserie Holdings needs cash injection to continue trading in current form
Patisserie Valerie owner Patisserie Holdings has said it cannot continue to trade in its current form unless it gets an immediate cash injection.
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NewsPatisserie Holdings shares suspended amid fraud fears
Patisserie Valerie owner Patisserie Holdings has launched an investigation into what it has described as serious – and potentially fraudulent – accounting irregularities.
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Product NewsFocaccia-style pizzas help drive 7.3% Greggs growth
A strong summer performance in the breakfast market and from new products including focaccia-style pizzas have contributed to sales growth at Greggs.
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NewsThai firm snaps up UK’s Intelipac
Thai packaging company TPBI is to enter the paper packaging market for the first time after inking a deal to acquire stakes in UK firm Intelipac – the business that resurrected bakery packaging supplier Reynards last year.
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NewsAryzta underlying profit crashes more than 70%
Aryzta has reported steep declines in profit and earnings – but insists the business is well placed for future growth.
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Product NewsHovis disposes of three mills to focus on baking
Hovis is selling two of its flour mills to Whitworth Bros and closing a third as it looks to focus on its core baking business.
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NewsReal Good Food suffers £23m operating loss
Real Good Food chief executive Hugh Cawley has said the business will look back on the last financial year with “little pride or satisfaction”.
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NewsAre you planning to start or expand a business?
British Baker is currently running a series of features dedicated to exploring ways to start or expand a bakery business, giving readers the chance to learn from those who have already done it.
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Product NewsJacksons’ £40m sandwich bread factory opens
Jacksons has opened a new £40m bakery that can produce 10,000 loaves of sandwich bread an hour.
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NewsCake Box opens 100th store and announces NPD
Egg-free cake specialist Cake Box has opened its 100th store as it continues its rapid roll-out.
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NewsSteve Dawson joins RGF as non-exec director
Renshaw owner Real Good Food (RGF) has appointed Steve Dawson – who helped to turn around the Bahlsen US business – as an independent non-executive director.
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NewsReal Good Food supports Brighter Foods investment
Real Good Food Group, which this month sold Haydens Bakery, says rationalisation and new funding are enabling it to support investment in other parts of its business, such as Brighter Foods.
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NewsFinsbury to invest to meet demand for ‘artisan’ bread
Finsbury Food Group is to invest further to meet demand for artisan-style bread – and said it was committed to growing its business through further acquisitions.
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NewsFormer McDonald’s US chief joins Aryzta board
Aryzta has made new independent board appointments to help turn the business around, and announced that banks have agreed to underwrite plans to raise €800m (£715m) through a new share offer.
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Product NewsAllied Bakeries ups prices to reduce operating loss
Allied Bakeries is continuing to reduce its losses – and will be looking to mitigate the impact of rising wheat prices.
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NewsCoca-Cola set to buy Costa in £3.9bn deal
Whitbread is planning to sell its Costa Coffee business to The Coca-Cola Company in a deal worth £3.9bn.