UK: Thorntons quiet on take-over rumours
Thorntons has refused to confirm reports that the chocolate retailer and manufacturer is in early talks with Icelandic group Baugur to buy the company.
The Financial Mail on Sunday yesterday (16 July) reported that if Baugur does succeed in acquiring Thorntons assets it would break-up the company, seperating retail and manufacturing operations. Thorntons' production facilities would be sold on to Swiss chocolate company Lindt, the report suggested.
However, neither Thorntons or Baugur would confirm or deny the rumoured negotiations when contacted by just-food.
Addressing shareholders at today's (25 October) annual general meeting, Thorntons' chairman John von Spreckelsen said that the company trading was in line with expectations, adding that the company wa...
Following the company's profit meltdown and subsequent resignation of Thorntons boss Peter Burdon, the UK confectioner and retailer has appointed a veteran Mars step into the breach....
The UK confectionery producer and retailer Thorntons has reported a 36% drop in full-year pre-tax profits to GBP5.2m (US$9.74m) for the fiscal year to 24 June 2006. The company also announced that chi...
Sales at the UK manufacturer and retailer of premium chocolates and confectionary have declined by 5,9% for the year to 24 June, Thorntons said today (17 July), despite a brisker second half which was...
UK chocolateer Thorntons has made an application with the London Stock Exchange and UK Listing Authority for the admission of a block listing of 1,000,000 ordinary shares at GBP0.10 each to the Offici...
UK-based chocolate producer and retailer Thorntons plc has appointed Somerfield man John von Spreckelsen as chairman, effective from 5 June 2006....
Following the collapse of takeover talks between Newco and Thorntons, reports have appeared in the UK press that Icelandic group Baugur are interested in acquiring the chocolate retailer....
UK confectioner and retailer Thorntons has announced that takeover talks with Newco - a group headed by former Thorntons chairman Christopher Burnett - have fallen through....
- Analysis: Post discusses rationale for Weetabix
- Interview: Sir Kensington's on sale to Unilever
- Who will buy Danone's Stonyfield business?
- Column: Why snacking is the new meal
- Interview: "Disruptive" snack brand Hippeas
- Unilever buys US condiments maker Sir Kensington's
- Nestle organic growth slows but beats expectations
- Ice cream helps Unilever sales, food flat
- Suntory to offload Australia, New Zealand foods
- ABF buys UK sports nutrition firms H5, Reflex