Urs Jordi

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Aryzta has been struggling to turn itself around after a disastrous acquisition spree in the wake of the financial crash.

Takeover target Aryzta has announced the departure of another senior executive from the company. Gregory Sklikas, chief executive Europe, will leave w(...)

Shareholder advisory group Ethos has recommended Aryzta shareholders vote against the re-election of chairman Urs Jordi, who has only been in the job for two months.

Shareholder advisory group Ethos has recommended Aryzta shareholders vote against the re-election of chairman Urs Jordi, who has only been in the job (...)

Aryzta, which owns the Cuisine de France label here, ended negotiations with Elliott in October

US hedge fund Elliott Management has made a firm offer for Aryzta and has financing from several lenders for the deal, putting pressure on the Swiss-I(...)

Aryzta owns the Cuisine de France label in Ireland and supplies the likes of McDonald’s, Subway and Lidl. Photograph: iStock

Aryzta shareholder Lodbrok Capital has signalled “its increased confidence” in new plans to rescue the ailing food business, while a prominent German (...)

Swiss-Irish baking group Aryzta saw revenue decline in its first quarter

Swiss-Irish food group Aryzta says it plans to raise up to €800 million by selling off various parts of the business, which may include the group’s tr(...)

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(...)

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(...)

Ryanair closed 1.3 per cent stronger. Photograph: AFP via Getty

European stocks closed slightly lower on Friday, taking the shine off a 7 per cent rally this week as investors focused on soaring coronavirus cases o(...)

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