Associated British Foods PLC (ABF.L)
26 May 2017
LONDON, April 19 Associated British Foods on Wednesday reported a 36 percent rise in first-half profit, driven by a recovery at its sugar business and a resilient performance at Primark, its discount fashion retailer.
LONDON/SHANGHAI/NEW YORK Post Holdings is buying leading British breakfast cereal brand Weetabix from China's Bright Food Group Co Ltd [SHMNGA.UL] for 1.4 billion pounds ($1.8 billion), giving the U.S.-focused company a European base on which to build. | Video
SHANGHAI, April 18 China's Bright Food Group Co Ltd has agreed to sell iconic British cereal brand Weetabix to U.S. cereal company Post Holdings for $1.76 billion, a spokesman for the Chinese conglomerate said on Tuesday.
April 17 Post Holdings, the No.3 U.S. cereal company, is set to acquire British cereal company Weetabix in a $1.76 billion deal, a person familiar with the matter said.
* AB Foods boosted by upgrade (ADVISORY- European stock markets are closed on Friday and Monday. There will be no European market reports on those days)
LONDON, April 13 Britain's top share index declined on Thursday, with financials in the spotlight as U.S. banks were set to report earnings, though volumes were light ahead of a market holiday.
LONDON, March 21 British shares dipped on Tuesday as sterling strengthened after British inflation shot past the central bank's target for the first time in three years.
LONDON, Feb 27 Associated British Foods maintained its full-year earnings guidance on Monday, with sales growth at its Primark discount fashion retailer supported by better performances in its sugar, grocery and ingredients businesses.
LONDON America's third-biggest cereal company, Post Holdings , and the UK's Associated British Foods are among a group of four bidders vying for British cereal brand Weetabix, sources familiar with the matter said on Friday.
LONDON, Jan 27 America's third-biggest cereal company, Post Holdings, and the UK's Associated British Foods are among a group of four bidders vying for British cereal brand Weetabix, sources familiar with the matter said on Friday.