Gary Mcgann

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Irish food brand Cuisine de France is owned by Swiss-Irish listed group Aryzta. Photograph: Nick Bradshaw

Aryzta’s largest shareholder Cobas Asset Management has come out strongly against Elliott Management’s takeover bid for the company, saying it underva(...)

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(...)

Photograph: iStock

Aryzta’s board of directors will back the re-election of Urs Jordi as chairman at the upcoming annual general meeting the food group said. Mr Jordi (...)

The four directors being targeted by Cobas and Lodbrok were part of a board that entered into talks in  September aimed at selling the business to US hedge fund Elliott Management.

Two activist shareholders with a combined 12.4 per cent stake in Aryzta are pressing for a continuation of a boardroom overhaul, proposing the removal(...)

Aryzta  CEO Gary McGann speaks during the company’s annual shareholder meeting in 2018.  File photo: Reuters/Arnd Wiegmann

Fund managers and analysts who dialled into Aryzta’s full-year results conference call on Tuesday to get a sense of whether a rapport was developing b(...)

Baked goods company Aryzta had been in sale talks with a US hedge fund, Elliott Management. Photograph: iStock

Aryzta’s new chairman said the baked goods group has received bid approaches for parts of the company since he was installed three weeks ago under a b(...)

Former Aryzta chairman Gary McGann speaking during an  annual shareholder meeting. Photograph: Reuters

The official line is that Aryzta is still in talks to be taken over by US hedge fund Elliott Management, but the share price tells a different story. (...)

Aryzta’s Irish directors are now all gone, including  chairman Gary McGann. Photograph: Alan Betson

Aryzta’s egm in Zurich on Wednesday was extraordinary in many ways. The disaffected shareholders (led by Swiss investor Veraison and including Spain-b(...)

Aryzta has lined up Andreas Schmid, the former head of Swiss-Belgian chocolate giant Barry Callebaut, to replace Gary McGann as chairman. Photograph: Reuters

Swiss-Irish food company Aryzta has declined to comment on a report that it plans to sell off its underperforming US business as part of a restructuri(...)

The Covid closures left 623 Paddy Power shops with a total loss of £10m  in the first half of the year. Photograph: Getty Images

Merger costs contributed to a 70 per cent first-half fall in profits at Paddy Power and Betfair owner Flutter Entertainment to €27 million, the gambli(...)

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