Down The Aisle... GSK Shares Tumble On Fear Of Bidding War
GlaxoSmithKline, Reckitt Benckiser, Britvic, Curry Cuisine, The Food and Drink Federation, United Biscuit, Cillit Ban
GlaxoSmithKline
approach to the US biotech group Genzyme has sent their shares rocketing while
GSK shares dropped as speculation about a possible counter bid from Sanofi-Aventis upset the stock exchange. Read more
Reckitt Benckiser (RB), the owner of brands including Cillit Bang and Nurofen, has reported a rise in sales and profits, boosted by new initiatives in its power brand portfolio. Read more
Britvic reported a 13.8 % rise in UK sales of fizzy drinks, but suffered a 0.7 % drop for still drinks during its third quarter. Read more
West Yorkshire food and cookery business, Curry Cuisine, based in Tingley, Wakefield and Dewsbury, has won two Gold Star ratings for two of its handmade chutneys from the Great Taste Awards, organised by The Guild of Fine Food. The country's most renowned and robust food awards are the national benchmark employing the most rigorous judging system to ensure the fairest, most accurate and trusted results. Newly launched Luxury Mango Chutney scooped a 1 star, while the company's new Plum Chutney was awarded a 2 star rating. This is the third year consecutively that the company has been recognised for the quality of its products, having been awarded 1 star in 2009 for its Beetroot Chutney, which led to a listing with Harvey Nichols, Leeds and a 1 star in 2008 for its Yorkshire grow For all the results
The Food and Drink Federation says the EU should continue to allow food manufacturers to make ‘no added salt’ claims, ahead of discussions in Brussels tomorrow. Read more
United Biscuit makers of McVities's and Penguin biscuits has been put up for sale by its owners private equity company Blackstone and PAI Partners. Read more
Cillit Bang owner Reckitt Benckiser (RB) has bought SSL International, the owner of the Durex and Scholl brands, in a deal worth £2.5bn. Read more
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