Acquisitions

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...

Conagra Brands Appoints Noelle O'Mara As Executive Vice President

Conagra Brands has appointed Noelle O'Mara as its executive vice president and president of new platforms and acquisitions, effective 6 May 2024.

Enterprise Investors Mulls Sale Of Croatia’s Studenac: Reports

Polish investment firm Enterprise Investors, which owns the Studenac retail chain and Pan-Pek bakery in Croatia, is considering selling Studenac, according...

South Africa's RCL Foods To Spin-Off And List Rainbow Chicken Business

South Africa's RCL will unbundle its Rainbow Chicken business and list it on the Johannesburg stock exchange as part of a strategic review, the food produc...