Alantra

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Aryzta’s brands include Otis Spunkmeyer, La Brea Bakery bread and Cuisine de France pastries. Photograph: iStock

Aryzta’s new board is unlikely to pursue a sale of the embattled Swiss-Irish baked goods group to Elliott Management, after it emerged on Friday that (...)

Kevin Toland, who has stepped down as chief executive of Aryzta

Kevin Toland stepped down as chief executive of Aryzta on Thursday in a shake-up of management at the embattled baked goods company. Shareholders hav(...)

The stage had been set for the company to focus on unit sales after takeover talks  broke down in late October. Photograph: Reuters

Aryzta said on Thursday evening it has hired advisers help the embattled baked goods group to sell unwanted assets to allow it to simplify its busines(...)