Business: Business Food & Drink - Page 10

Co-operative Group to axe 872 jobs at Somerfield's HQ

Co-op rehires just 150 staff members at Somerfield's head office after takeover.

PureCircle forms JV with British Sugar

'The Natural Sweetness Company' set up as joint venture between UK sugar and international sweetener companies

Ocado shares slump after flotation

At least 10 of the UK's biggest investors have stayed away as shares deemed too expensive.

United Biscuits could be sold for £2bn

Private equity firms in talks to land UK market leader.

Ocado forced to slash IPO price by 20 per cent

Further woe for online grocery that has not made a pre-tax profit in its ten years in existence

Ocado says IPO '80% subscribed' as deadline looms

Shares remain unsold amid scepticism about grocer's valuation.

Ocado likely to float at less than expected value

Online grocer's IPO haul not predicted to reach the £1.1bn the company had sought.

Tate & Lyle starts operations of Polydextrose Line

Low calorie 'bulking agent' used in confectionary, ice cream and spreads to be released in Holland

Ocado flotation plans undermined by overvaluation report

Research analyst values online business at 60 per cent less than in-house estimates

Kellogg to develop weight loss products with Japanese firm

US-based cereal maker forms R&D agreement with Japanese ingredients maker to create weight management foods.

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