- Sky News•8 days ago
British cereal maker Weetabix is to be sold to a US company, it has been confirmed. A spokesman for Bright Food Group, a Chinese company, said it has agreed to sell the iconic brand to Post Holdings (Frankfurt: A1JS25 - news) for £1.4bn. Bright (Taiwan OTC: 5244.TWO - news) has owned Weetabix since 2012, when it took over from Lion Capital.
- Capital Cube•18 days ago
Categories: Yahoo FinanceGet free summary analysis Far East Holdings Bhd. reports financial results for the quarter ended December 31, 2016. Highlights Summary numbers: Revenues of MYR 117.09 million, Net Earnings of MYR 35.53 million. Gross margins widened from 26.45% to 29.91% compared to the same period last year, operating (EBITDA) margins now 32.40% from 29.06%. Change in ... Read more (Read more...)
- Sky News•2 months ago
America's third biggest cereal producer is trying to clinch a £1.5bn takeover of Weetabix, the Royal Warrant-holding food company that makes some of Britain's most popular breakfast products. Sky News has learnt that Post Holdings (Frankfurt: A1JS25 - news) , which is listed on the New York Stock Exchange, is one of just two bidders left vying to acquire Weetabix from China's Bright Food, its majority shareholder. Several sources said on Wednesday that Post, whose brands include Golden Crisp and Cocoa Pebbles, was "running hard" to secure a deal to buy Weetabix, with an agreement possible by the end of the month.
5029.KL: Summary for FAR EAST HOLDINGS BHD - Yahoo Finance
Far East Holdings Bhd (5029.KL)
Kuala Lumpur - Kuala Lumpur Delayed price. Currency in MYR
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|Day's range||8.60 - 8.99|
|52-week range||7.43 - 9.00|
|PE ratio (TTM)||18.02|
|Dividend & yield||N/A (N/A)|
|1y target est||N/A|