Kevin Toland

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Chairman Gary McGann and chief executive Kevin Toland: relatively new management team wrestling with the consequences of their predecessors’ mistakes. Photograph: Alan Betson

The only surprising aspect of Aryzta’s announcement yesterday that it plans to raise €800 million in fresh equity was the actual amount. The Irish-Swi(...)

Aryzta said it would raise the cash by issuing new shares, giving the right to current investors to buy the stock in proportion to their existing holdings

Analysts believe shareholders will back troubled Irish-Swiss baker Aryzta’s bid to raise €800 million despite seeing the group’s value fall by €420 mi(...)

Aryzta chairman  Gary McGann and chief executive  Kevin Toland. Analysts agree that the management team has inherited most of the problems with which they are now wrestling. Photograph: Alan Betson

There’ll likely be no cake to celebrate the 10th birthday this month of Irish-Swiss baker Aryzta. It is probably looking to raise some dough. In the w(...)

Troubled Irish-Swiss baker Aryzta is not due to publish accounts for its last financial year until October 1st.

Investors in troubled Irish-Swiss baker Aryzta face having their holdings diluted by more than 40 per cent should the group decide to issue new shares(...)

Aryzta chief executive Kevin Toland, right, pictured beside the company’s chairman Gary McGann. Might Toland be wishing he had remained in charge of DAA? Photograph: Alan Betson / The Irish Times

Despite the flack that State airports company DAA has taken from some airlines lately, it’s a fair bet that Kevin Toland probably wishes he was still (...)

Aryzta,  the company behind Cuisine de France bread, had net debt of €1.6bn   at the end of January, the half-way point in its financial year

Aryzta shares hit new lows on Monday after an analyst warned that the Swiss-Irish baker would have to tap shareholders for further cash to cope with i(...)

Traders work on the floor of the New York Stock Exchange. Photograph: Christopher Lee/Bloomberg

European shares dipped as HSBC disappointed investors and German gas group Linde’s proposed $87 billion tie-in with Praxair hit regulatory hurdles. (...)

Aryzta, the Cuisine de France maker, issued a fresh profit warning, sparking fresh concerns about management’s ability to restructure the group and uphold its banking covenants. Photograph:  Nick Bradshaw

Swiss-Irish baked goods company said on Monday that Rhona O’Brien is to join the company as general counsel and company secretary from September 11th.(...)

Aryzta, the company behind Cuisine de France, announced a plan to cut costs by €200 million over three years. Photograph: Nick Bradshaw

Aryzta’s stock plunged a record low on Thursday as the beleaguered Swiss-Irish baked goods group issued a fresh profit warning, sparking fresh concern(...)

Shares in beleaguered food firm Aryzta plummeted 25 per cent after it said it would trim costs by €200 million over three years and that its earnings (...)

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