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Tue, 21st May 2019 07:51
LONDON, Dec 15 (Reuters) - British food ingredients maker Tate & Lyle named private equity executive Gerry Murphy as its new chairman on Thursday, succeeding Peter Gershon in April. Tate said Murphy, chairman of The Blackstone Group's principal European entity, would join the board on Jan.
Read more(ShareCast News) - Greencore: Berenberg reiterates buy with a target price of 350p. Talk Talk: UBS reiterates neutral, 160p target. Barclays: JP Morgan reiterates neutral with a 215p target. Bunzl: Deutsche Bank reiterates buy with a 2450p target. Old Mutual: Barclays downgrades to equal-weight w
Read more(ShareCast News) - Irish food company Greencore has been granted early termination of the applicable waiting period for the company's pending acquisition of Peacock Foods from the US federal Trade commission. The early termination, effective immediately, of the waiting period under the Hart-Scott-Ro
Read more(ADVISORY- Follow European and UK stock markets in real time on the Reuters Live Markets blog on Eikon, see cpurl://apps.cp./cms/?pageId=livemarkets) * FTSE 100 index closes 0.3 pct higher * Utilities down on rising bond yields * Taylor Wimpey gains after update By Atul Pr
Read more(ShareCast News) - The FTSE 250 index was in positive territory, just shy of 17,500, by the late afternoon on Monday. Irish food company Greencore led the risers, gaining on the back of jump in full-year revenue and earnings, a hike in its dividend and the proposed acquisition of Peacock Foods for a
Read more(ADVISORY- Follow European and UK stock markets in real time on the Reuters Live Markets blog on Eikon, see cpurl://apps.cp./cms/?pageId=livemarkets) * FTSE 100 up 1 pct * DCC soars after results * Taylor Wimpey also gains after update * Greencore Group leads mid caps afte
Read more* Greencore to fund deal with rights issue * Sees enhanced earnings from acquisition * Shares up 12 percent (Adds shares, CEO quotes) LONDON, Nov 14 (Reuters) - Britain's biggest sandwich maker Greencore Group said on Monday it would buy U.S. convenience food manufacturer Peac
Read moreLONDON, Nov 14 (Reuters) - Irish-based Greencore Group said on Monday it planned to buy U.S. convenience food manufacturer Peacock Foods for $747.5 million in a bid to transform its U.S. business. Greencore, which is listed in London, said it would buy the business on a debt free and cash
Read more(ShareCast News) - Greencore reported a jump in full-year revenue and earnings as it hiked its dividend and announced the proposed acquisition of Peacock Foods for an enterprise value of $747.5m. In its preliminary results for the year to the end of September, the company said revenue was up 10.6% t
Read more(ShareCast News) - B&M European value retail: Goldman Sachs keeps at buy with a target price of 274p. Zoopla: Berenberg reiterates buy, 400p target. Bellway: Jefferies keeps at buy with a 2857p target. IAG: Credit Suisse upgrades to outperform with a 469p target. British American Tobacco: JP Morg
Read more(ShareCast News) - Convenience food manufacturer Greencore's third quarter revenues increased by 4% driven by the company's Food to Go business while it expects no short-term effects from Brexit. In a trading update the company said revenue increased by 4% to £360.4m for the 13 weeks ending 24 June,
Read more(ShareCast News) - Greencore has acquired The Sandwich factory from Cranswick for up to £15m, which will be funded from existing debt facilities. The deal is expected to be neutral to earnings in full-year 2016 and modestly accretive thereafter. The Sandwich Factory, which operates from a single fa
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