Investments

Czech Billionaire Kretinsky Owns Over 3% Stake In Britain's Sainsbury's

Czech billionaire investor Daniel Kretinsky's VESA Equity Investment became the fourth largest stakeholder of Sainsbury's, owning a 3.05% stake in the Brit...

Swedish Grocery Retailer ICA Gruppen Steps Up Investment

ICA Gruppen, the owner of Sweden's biggest supermarket chain, said on Thursday it would increase investments next year to 4 billion crowns (€390 milli...

Pepsi Tops Quarterly Revenue Estimates On LatAm Strength

PepsiCo Inc reported quarterly revenue above Wall Street estimates on Tuesday, as investments in marketing and developing new products for Latin America pa...

French Group Danone's Venture Capital Fund Eyes 20-25 Deals By 2020

Danone Manifesto Ventures , an investment fund set up by the French food giant to target start-up companies challenging the dominance of big brands, expect...

Consumer Staples Giants 'Should Be Valued Like Risky Bonds'

Consumer staples companies such as Reckitt Benckiser and Procter & Gamble should be paying higher dividends to compensate investors for increasing...

SABMiller Eastern Europe Assets Said To Interest Advent, KKR

SABMiller Plc’s central and eastern European beer assets including Pilsner Urquell have drawn interest from private equity firms Advent International...

Funds Sour On Sugar As Brazil Outlook Eclipses Global Deficit

Investors are losing their taste for sugar. Money managers are backpedaling on bets prices will rally, cutting their wagers last week for the first time...

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