Food for thought as private equity row rumbles on
The growing influence of private equity groups (PEGs) has become a major talking-point in the food industry, as it has…
Private equity – the debate
The growing influence of private equity groups (PEGs) has become a major talking-point in the food industry, as it has in so many other sectors. Chris Brook-Carter asks if the growth in PEG activity represents a return to the excesses of the 1980s, or whether they serve a useful function in helping to revive failing companies and provide a necessary investment vehicle for capital.
AUS: Wesfarmers clinches A$22bn deal for Coles
The diversified conglomerate Wesfarmers has reached an agreement with the board of Australian retail group Coles for a recommended cash…
JAPAN: US hedge fund to fight on in Bull-Dog bid
US hedge fund Steel Partners has refused to throw in the towel in its bid to buy iconic Japanese sauce…
NETHERLANDS: Ahold upbeat on US sale despite delay
Ahold expects the sale of its US Foodservice arm to go through as planned, the Dutch retail giant said today…