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New Nestlé bid sweetens Cadbury shares

Smarties move ... Nestlé make a new move to control Cadbury. Photograph: Nestlé/PA The British group behind Trident gum, Halls sweets and Dairy Milk chocolate has attracted interest from US firm Hershey and Italy's Ferrero. Swiss food conglomerate ...

From SIMON BOWERS, Guardian Unlimited,  23 Nov 2009

Related Topics: Bank of America

Off-licence group First Quench doubles store closures and job losses

Administrators running company behind Threshers, Victoria Wine and Haddows announce closure of another 381 stores and loss of nearly 2,000 jobs after failing to find buyer Today's news follows the announcement of 373 store closures and more than 1,700 ...

From SIMON BOWERS, Guardian Unlimited,  20 Nov 2009

Related Topics: Richard Fleming,  Whitbread

Cadbury rejects Kraft's hostile bid

Cadbury could be worth 850p a share, some analysts have suggested, while Kraft's offer is worth 717p Cadbury today rejected a hostile takeover bid from Kraft as "derisory" and not "remotely close" to its true value after the world's second largest food ...

From SIMON BOWERS, Guardian Unlimited,  9 Nov 2009

Related Topics: Nelson Peltz,  Lazard LTD.,  Citigroup,  Deutsche Bank,  FTSE

Friday interview: Author of an Icelandic saga that went from rock stars to ruin

Armann Thorvaldsson recalls the 'slap in the face' shock when he heard the FSA had seized his bank. Photograph: Martin Argles Unlike many prominent executives associated with the most acute failures in the global banking firmament, Armann Thorvaldsson, ...

From SIMON BOWERS, Guardian Unlimited,  5 Nov 2009

Related Topics: Northern Rock,  HBOS,  Gordon Ramsay,  Tom Jones,  Joe Lewis

Cadbury warns of clash under Kraft

Cadbury's finance director, Andrew Bonfield, has warned that the group's unique corporate culture would be lost if the company were to be swallowed up by a larger multinational group such as Kraft, the US food conglomerate, which is circling the ...

From SIMON BOWERS, Guardian Unlimited,  21 Oct 2009

Heineken to close historic brewery

Newcastle Brown Ale coming off the production line at the Federation Brewery. Heineken is to close the historic Scottish & Newcastle site. Photograph: John Giles/PA Heineken, which bought the UK operations of Scottish & Newcastle last year, is to close ...

From SIMON BOWERS, Guardian Unlimited,  13 Oct 2009

Related Topics: European Union,  Reading Football Club,  John Smith

Kaupthing chief named as suspect

Iceland's anti-fraud unit is looking at the flow of kronur into Kaupthing in the weeks before it failed. Photograph: Nordicphotos/Alamy Einarsson, who lives in Chelsea, west London, is thought to be the first head of a major European bank to be ...

From SIMON BOWERS, Guardian Unlimited,  10 Oct 2009

London hotels slash rates to attract tourists

Hotels in London, until recently one of the world's most expensive cities to visit, are slashing prices as they compete for a dwindling pool of overseas visitors. Average room prices in the capital are £10 lower than in 2008 and could fall by as much ...

From SIMON BOWERS, Guardian Unlimited,  20 Sep 2009

Perks as standard for top executives

There's the bus company boss who gets free petrol for his private motoring, and the head of a mining group whose company coughs up to pay his gardener. The annual Guardian executive pay survey, which delves into the very small print of company annual ...

From JULIA FINCH, SIMON BOWERS, Guardian Unlimited,  14 Sep 2009

Related Topics: Arun Sarin

Executive pay keeps rising, Guardian survey finds

Bart Becht, the chief executive of Reckitt Benckiser, was rewarded with £36.8m in pay, bonuses, perks and share incentive schemes. Photograph: PR Executives at Britain's top companies saw their basic salaries leap 10% last year, despite the onset of ...

From SIMON BOWERS, JULIA FINCH, Guardian Unlimited,  13 Sep 2009

Related Topics: FTSE,  Reckitt Benckiser,  U.S. Democratic Party,  Cynthia Carroll,  Brendan Barber

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