Investment

Casino Shares Shine Amid Hopes Of Higher Rescue Offers

Casino shares rose by over 9%, lifted by the prospect that rival bidders would raise their offers to rescue the cash-strapped French retailer.

French Supermarket Casino's Rescue Triggers Billionaires Contest

The rescue of cash-strapped French supermarket chain Casino is triggering a billionaires contest pitting French telecoms maverick Xavier Niel against Czech...

Carrefour Brasil Bets On Know-How To Expand Small Stores Operation

Grupo Carrefour Brasil has launched a franchise model of convenience stores in the Brazilian market, aiming to tap into its know-how from years of experien...

Bonduelle Says Site In Russia's Belgorod Hit By Attacks In June, No Casualties

French food company Bonduelle's frozen vegetables site in Russia's Belgorod region was hit by attacks earlier this month, the group said, adding there had...

Carlsberg Signs Agreement To Sell Its Russian Business

Danish brewer Carlsberg has announced that it has signed an agreement to sell its Russian business.

Smurfit Kappa Invests $12m In Mexican Plant

Packaging firm Smurfit Kappa plans to invest $12 million (€11.1 million) in its Mexican plant at Tijuana.

South African Food Firm Premier Group Posts Almost 40% Jump In Annual Profit

South African food producer Premier Group has posted a near 40% jump in annual profit despite increasing commodity prices and rising inflation.

UK's Mondi Scraps €1.1bn Deal To Sell Largest Russian Plant

Mondi Plc said it terminated a RUB 95 billion (€1.1 billion) deal to sell its largest plant in Russia to an investment vehicle owned by Russian billio...