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16.06.26 - 10:54
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Kingsmill owner cleared to create UK′s biggest bread brand with Hovis takeover (The Guardian)
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ABF's bakeries arm would be likely to exit the market entirely if the deal did not proceed, CMA findsBusiness live – latest updatesThe owner of Kingsmill's £75m deal to buy Hovis to create the UK's biggest bread brand has been cleared by the competition watchdog.The Competition and Markets Authority (CMA) ruled that Associated British Foods' proposed takeover of Hovis did not raise competition concerns because if the deal did not go ahead “the most likely outcome” would be ABF's bakeries arm leaving the UK market entirely. Continue reading......
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15.06.26 - 13:54
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Cizzle Brands Corporation Releases Fiscal Q3 2026 Results; Reports First Positive Adjusted EBITDA Quarter with Year-Over-Year Revenue Up 253% (Business Wire)
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Reports record quarterly revenue of $12.6 million, up 253% year over year, and its first quarter of positive Adjusted EBITDA, in its first full quarter since acquisition of The CWENCH Hydration Factory. The Company will host an investor call on Wednesday, June 17, 2026 at 9:30 a.m. ET.TORONTO--(BUSINESS WIRE)--Cizzle Brands Corporation (Cboe Canada: CZZL; OTCQB: CZZLF; Frankfurt: 8YF) (“Cizzle Brands” or the “Company”), the sports nutrition company that is elevating the game in health and wellness, today announced its financial results for the three and nine months ended April 30, 2026. The third quarter was the Company's first full period operating as a integrated platform following the acquisition of the CWENCH Hydration Factory, and was highlighted by record revenue with positive Adjusted EBITDA, and new retail listings in both Canada and the United States.
Q3 FISCAL 2026 HIGHLIGHTS
Revenue increased 253% year over year to $12.6 million, compared to $3.6 million in Q3 Fiscal 2025, driven prima...
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15.06.26 - 10:18
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Mike Ashley′s Frasers follows Hugo Boss bid with offer for Australia′s Accent (The Guardian)
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UK billionaire's fashion group offers £166m for takeover of 77.1% of shares in shoe firm it does not already ownBusiness live – latest updatesThe retail billionaire Mike Ashley has launched his second takeover bid in a week, attempting to snap up Australian footwear business Accent Group, days after announcing a tilt at Hugo Boss.Ashley's Frasers Group, which already owns the biggest single stake in Accent at 22.9%, said it will offer 65 Australian cents (34p) a share for the remainder of the business, at the same level as its closing price on Friday. Continue reading......
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