Investors

BAT To Buy Back £700m Shares In 2024 After ITC Share Sale

British American Tobacco said the company would buy back £700 million (€819.1 million) worth of shares this year after selling down its stake in...

HelloFresh Warns On Profit Again, Scraps Mid-Term Guidance

German meal-kit maker HelloFresh provided a 2024 core earnings forecast way below expectations, shocking the market for a second time in five months after...

Investors Tempted By Brewers As Spirits Sales Falter

Investors are warming to beer stocks as a relatively cheap way to benefit from growth in alcohol brands, particularly in emerging markets, as eas...

Delivery Hero Says It Delivered On 2023 Targets

Delivery Hero said it delivered on all of its annual targets last year and remained 'fully committed' to its 2024 strategy, but shares extended the previou...

Campari €1.2bn Share, Bond Placement To Fund Courvoisier Deal

Italian spirits group Campari has raised €1.2 billion ($1.3 billion) by selling new shares as well as debt that can convert into equity to f...

Japan Brewer Asahi Sets Price For $1.2bn Secondary Offering

Major shareholders in Japanese brewer Asahi Group Holdings will sell 177 billion yen ($1.19 billion) in shares in a secondary offering to overseas investor...

Russia's Magnit Completes $736m Buyback From Foreign Shareholders

Russian retailer Magnit has purchased an additional block of shares from foreign shareholders, completing a buyback worth around $736 million.

Russian Retailer Magnit To Buy Back 7.8% Of Shares In Additional Tender

Russian retailer Magnit said that foreign shareholders had tendered shares representing about 7.8% of the company in an additional, discounted buyback offe...