Princes to be acquired by Italian producer Newlat
Princes has announced that Italian food company Newlat intends to acquire the entire Princes Group from Mitsubishi Corporation.
Record-breaking year for food and drink acquisitions
According to the latest data by corporate finance house, Oghma Partners, the year-to-date total value of recorded deals is estimated at £5.8 billion, surpassing every other year recorded since 2010.
Investigation launched for Sainsbury’s/Asda merger
The formal investigation into the Sainsbury’s/Asda merger by the Competition and Markets Authority (CMA) has now begun, following speculation that hundreds of stores are set to close. Since the announcement of the merger on 30th April, the CMA has been gathering the...
Asda and Sainsbury’s in advanced merger negotiations
Talks between major supermarket chains Asda and Sainsbury’s are at an advanced stage with the two brands expected to be retained should a merger go ahead. Sainsbury’s and Asda are the second and third largest supermarkets in the UK behind Tesco. The new combined...
