Jefferies

Molson Coors To Invest £88m In Fevertree Drinks And Market It In The US

Molson Coors is investing £88 million in Fevertree Drinks, which will give the US company exclusive rights to market the UK firm’s products.

The European Commission intends to propose a ban on the use of PFAS – or “forever chemicals” – in consumer products.

L’Oréal has reported a rise in third quarter sales that missed expectations due to low consumer confidence in China.

Bottler Coca-Cola HBC boosted its annual operating profit and revenues forecast on Wednesday as the group posted higher first-half revenue.

Nestlé lowered its sales outlook on Thursday, slowing the pace of price hikes sooner than hoped due to increasingly cost-conscious consumers.

Doordash flagged an interest in a takeover of the UK’s Deliveroo last month, two people familiar with the matter have told Reuters.

Carlsberg said on Monday that PepsiCo has agreed to waive a clause in its bottling deal with Britvic to make acquisition more attractive.

Unilever has beat its first-quarter sales forecast as it won back customers who had moved to cheaper products during high inflation.

ABOUT US

Get the app today!