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...Private equity groups Advent International and CVC Capital have teamed up to bid for a pet food company owned by Cinven, leaving a single bidding consortium left seeking to buy an asset the UK buyout group...
...These combine performance-related pay and restricted share schemes, under which shares are usually awarded so long as a minimum performance level is met and the executive continues to be employed....
...Hilton Food served up strong profit growth in its annual results as it enjoyed a better than anticipated seafood arm recovery and a robust performance in its core meat business....
...According to Copper, the party was organised by a third party and included “a number of performance artists”, including a palm reader, magician and the man and woman on the table....
...McKim levelled accusations at Weckert that customers were skipping meals, eating less healthy food and “dumpster diving” for wasted food because they could not afford to pay the steep prices being charged...
...Scott Walker, chief executive of trade group GB Potatoes, said six years ago potato farmers produced 6mn tonnes of the vegetable each year but “now we’re looking at 4mn tonnes”....
...Milk producers and processor Dean Foods and Borden Dairy Company both filed for bankruptcy in 2020....
...Chief executive Antoine de Saint-Affrique was brought in to lead Danone in 2021, following a crisis that led to the ousting of his predecessor Emmanuel Faber, with a mandate to turn around performance that...
...Shares in the consumer goods group fell 15 per cent on Friday last week as investors digested the news that a court in Illinois had instructed Reckitt to pay $60mn in damages to a mother who said her baby...
...A group of Nestlé shareholders has filed a resolution ahead of its annual meeting next month demanding the world’s biggest food company reduce its reliance on unhealthy products and arguing that the health...
...Marks and Spencer posted a better than expected performance in food and clothing over the Christmas trading period, in a further sign that its turnaround strategy is paying off after years of false dawns...
...Jonathan Ruffer has said that inflation “will ultimately prove to be a semi-permanent condition in the western world” but the company’s strategy has weighed on fund performance recently as equity markets...
...Instacart is laying off 7 per cent of its workforce as part of a restructuring effort, the food delivery group said on Tuesday as it boosted its share buyback programme to $1bn....
...Welker is a partner at Sherborne, the investment group that led the break-up of former Hostmore owner Electra in 2021....
...Increasingly, companies or their investors are pointing to weak trading liquidity, or a supposed yawning valuation gap, compared with US peers for poor stock performance....
...It was always so, but it has become more awkward for companies such as Unilever, with its focus on nutrition and ambition to become “a world-class force for good in food”....
...The business currently operates from Rotterdam, alongside the food division. Shares in Unilever rose as much as 5 per cent on Tuesday, lifting the FTSE 100 company’s market capitalisation to £98bn....
...BUY: Premier Foods (PFD) The company will cut more prices in the fourth quarter after its total market share gains rose by more than 1.2 per cent, writes Christopher Akers....
...Murphy said Tesco, which has a 27.3 per cent share of the UK’s grocery market, according to data group Kantar, operated in a highly competitive sector and its performance was down to being consistent....
...Suntory Beverage and Food is the soft drinks company of the Suntory Group. It does not include Suntory whiskies as wrongly suggested in the Women of the Year feature....
...M&S struck a deal to buy half of Ocado Retail, the online supermarket, in 2019 as it sought to sell more food online....
...In December, lower-income households experienced price growth of 4.5 per cent, less than the 5.6 per cent of the higher-income group....
...“Parent” groups 3M and GE Aerospace rallied since the separations and ended the week higher, while Solventum and GE Vernova ended their first week of trading in the red....
...Drawing on her prior experience running Suntory Beverage & Food’s human resources department, she wants to internationalise the group further....
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