Mitsubishi Withdraws from Stake Increase in Thai Union
Thai Union Group announced that a proposal from Japanese conglomerate Mitsubishi Corp. to boost its stake in the seafood giant has encountered significant challenges. The...
Tag : Finance
Momo Kombucha Closes £2M Funding Round
London-based small batch kombucha brand, Momo Kombucha, has successfully raised £4.5 million across six funding rounds since its inception in 2018. The brand is backed...
Treatt Finalizes £157M Sale to Private Equity-Backed Natara
Under the terms of the deal, Treatt shareholders will receive 260p in cash for each share, representing a 16.1% premium based on the firm’s share...
Campbell’s Anticipates Significant EPS Impact from Tariffs
The Campbell Company anticipates significant challenges ahead, as tariffs are expected to drive a longer-term decline in its base earnings for the upcoming fiscal year....
Denmark Aims to Eliminate Taxes on Coffee and Sweets
Denmark’s coalition government is poised to abolish taxes on coffee and confectionery. This phased approach begins next year and aims to alleviate the financial burden...
Orior Considers Culinor’s Future Amid Debt-Reduction Efforts
Swiss food and beverage group Orior has initiated a comprehensive restructuring program aimed at reducing its debt. Additionally, the announcement occurs alongside the company’s report...
Frugalpac Initiates Crowdfunding Campaign to Raise £5 Million Through Shareholding
The Ipswich company is extending an invitation to customers, partners, individuals, and members of the Crowdcube investor community to invest and become shareholders. This move...
Six New Members to the FSA Board
Clare Evans, Dr Susan Paterson, and Steve Ruddy will serve four-year terms, and Professor Sir Frank Atherton, Alison Austin and Louise Hoste and will serve...
Guinness Owner Names Interim CFO
Mahlan will officially join the drinks giant on 18 August, assuming the role left vacant by Nik Jhangiani, who was named interim chief executive officer...
Modern Baker Secures £2.5 Million in Funding Round
Modern Baker is poised to advance its six-year mission with new Series A funding aimed at redefining the narrative surrounding ultra-processed foods (UPFs). The company’s...