Finance – Page 460
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News
Greggs taking Belgian buns to Belgium
Greggs, the bakery store and sandwich chain, said it has been testing its products in Belgium for an assault across the Channel later this year.Greggs, which has more than 1,100 outlets in Britain, gave savoury slices, sandwiches and Cornish pasties to hundreds of people invited into town halls in France, ...
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News
Diageo sells Burger King to management
Diageo announced this morning that it has finally agreed the sale of Burger King to a private equity consortium backing the fast-food firm’s management for $2.26bn (£1.43bn) in cash. The transaction equals roughly 1x Burger King’s 2001 book value excluding goodwill, or 0.71x after goodwill, and an enterprise value over ...