Posts By: businessnewstoday

Rosa Foods launches Soylent meal replacement shake in more 7-Eleven stores

Drinks industry news : Rosa Foods, the manufacturer of Soylent has made a new deal to launch the ready-to-drink meal replacement shake brand in about 800 7-Eleven convenience stores across Chicago, Boston, Washington, D.C., Las Vegas and Denver. According to Rosa Foods, four Soylent meal replacement shake flavors in the form of Cacao, Cafe Coffiest, […]

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Standard Life Aberdeen to sell insurance business to Phoenix Group for £3.24bn

Scottish investment company Standard Life Aberdeen has struck a deal to sell its insurance business to UK insurance service provider Phoenix Group for a sum of £3.24 billion to simplify its business to focus on asset management. Phoenix Group will pay £2.28 billion in cash and give Standard Life Aberdeen a stake of 19.99% in […]

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LafargeHolcim buys UK-based construction material supplier Kendall Group

Swiss building material company LafargeHolcim has purchased Kendall Group, an aggregates and ready-mix concrete manufacturer based in southern England for an undisclosed price as per the latest construction industry news. Last year, Kendall Group had registered net sales of about CHF33 million ($35.23 million). LafargeHolcim revealed that Kendall Group will be operated by its subsidiary […]

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US pharma giant Merck to buy Australian biotech company Viralytics for $394m

Merck acquisition of Viralytics : US pharma giant Merck has made an AUD 502 million ($394 million) deal to acquire Viralytics, an Australian biotech company focused on developing oncolytic immunotherapy treatments for various cancers. Merck will acquire the Australian biotech company through one of its subsidiaries as per the latest pharma acquisition news. Through the […]

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Russell Hume moves into administration following meat hygiene scandal

Meat industry news : The recent meat hygiene scandal in the UK seems to have taken its toll on Derby-based meat supplying business Russell Hume as it moved into administration, leaving the fate of 300 employees in the dark. Russell Hume is one of the two meat suppliers that had recently come under the scanner […]

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Russell Hume moves into administration following meat hygiene scandal

Meat industry news : The recent meat hygiene scandal in the UK seems to have taken its toll on Derby-based meat supplying business Russell Hume as it moved into administration, leaving the fate of 300 employees in the dark. Russell Hume is one of the two meat suppliers that had recently come under the scanner […]

The post Russell Hume moves into administration following meat hygiene scandal appeared first on Business News Today.

Albertsons Rite Aid merger : Albertsons to buy 2,500+ drug stores of Rite Aid

Albertsons Rite Aid merger : US grocery retailer Albertsons Companies has struck a deal to acquire over 2,500 drug stores that Rite Aid did not sell to Walgreens Boots Alliance. According to the latest retail acquisition news, the merger of Albertsons Companies with the remaining Rite Aid drug stores is expected to create a food, […]

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Albertsons Rite Aid merger : Albertsons to buy 2,500+ drug stores of Rite Aid

Albertsons Rite Aid merger : US grocery retailer Albertsons Companies has struck a deal to acquire over 2,500 drug stores that Rite Aid did not sell to Walgreens Boots Alliance. According to the latest retail acquisition news, the merger of Albertsons Companies with the remaining Rite Aid drug stores is expected to create a food, […]

The post Albertsons Rite Aid merger : Albertsons to buy 2,500+ drug stores of Rite Aid appeared first on Business News Today.

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