Acquisitions

Estée Lauder Finance Chief Tracey Travis To Depart Next Year

Estée Lauder has announced that Tracey Travis would be stepping down and retiring from her 12-year role as the MAC lipstick maker's financ...

Frozen Bakery Firm Europastry Plans To Go Public

Family-owned frozen bakery business Europastry has announced plans to launch an initial public offering in Spain.

Sweden's Essity Raises Margin Target After Vinda Sale

Swedish hygiene products maker Essity raised its core profit margin target and reiterated its core sales target after divestment of Hong Kong-listed subsid...

French Retailer Casino To Detail New Strategy Plan At Year-End, CEO Says

The new leadership of Casino will detail its strategy plan to revive the troubled French food retailer towards the end of the year, new CEO Phili...

Finiper Canova Turns 50, Revenue Surpasses €3bn In FY 2023

Italian retail group Finiper Canova celebrates its 50th anniversary with its best financial performance ever. The group's revenue in 2023 surpassed €3...

Shipping Group CMA CGM Gets Q1 Boost But Sees Overcapacity Looming

CMA CGM benefited in the first quarter from a rebound in demand for consumer goods and higher freight rates linked to Red Sea disruption, but expects an in...

Primark Owner To Raise Game In Explaining Merits Of Food Businesses, CEO Says

Associated British Foods has not done a good enough job of explaining to investors the strategic logic, growth potential and value of its food businesses a...