UK: Finsbury shares tumble after bid talks end
By: just-food.com | 16 July 2009
Shares in UK cake maker Finsbury Food Group slumped this morning (16 July) after the company said talks over a possible sale had ended.
just-food articles are only available to registered users and members.
Join now for increased access
There are various access options to choose from. All provide instant access to the latest news, insight and expert analysis.
If you’re already a member, login here.
Shares in UK cake maker Finsbury Food Group slumped this morning (16 July) after the company said talks over a possible sale had ended.
- Unlimited access to all the latest global food news and insight
- Expert analysis that puts the news into context
- Exclusive interviews with leading industry figures
- Monthly management briefings with detailed analysis on hot topics
- Personalised RSS feeds and email newsletters
- 10-year archive of news, insight and intelligence
- Discounts on just-food market research
- Plus much more
If you’re already a member, login here
More articles related to this one
Top stories on just-food this week
Cabdury's publication of its formal defence against Kraft Foods' hostile takeover hogged the headlines in the early part of the week but then attention turned to an EU deal on banana tariffs - after a global trade dispute lasting over a decade. The EU and bananas then returned to the news agenda with the announcement that the European Commission is probing an alleged cartel in southern Europe. These are the top ten stories on just-food this week.
UK: Finsbury could axe cake jobs at Memory Lane
Finsbury Food Group, the UK cake supplier, could axe 95 jobs at its Memory Lane Cakes business due to falling sales for premium products.
Quote, unquote: just-food's week in words
With just a month left of 2009, our thoughts are turning to what shape the food industry landscape will take as we enter a new decade. This week, HJ Heinz, meat giant Tyson Foods and Russian dairy business Wimm-Bill-Dann all issues their prognosis for the economy and consumer confidence. Woolworths Ltd, Australia's largest retailer, claimed the country was in better shape than other economies around the world, while in an exclusive interview with just-food, Greencore boss Patrick Coveney detailed how the private-label group had navigated the downturn.
