Food company’s operating profit fell by 57 per cent to €31.13 million in the 12 months to the end of March this year
Valeo
Higher costs to squeeze Jacob’s biscuits-owner’s margins amid rampant inflation
Relief that Swift pay system and energy sector escape clampdown in wake of invasion
Company recorded a €102.7m pretax loss prior to its sale to Bain Capital
Many of the Iseq’s indigenous multinationals rise in brisk trading
Market heavyweights Flutter Entertainment and Ryanair decline
Markets rise as Evergrande concerns ease
Irish group makes its 19th acquisition, weeks away from its own €1.7bn sale to Bain Capital
Equities boosted by upbeat earnings and ECB’s pledge of ongoing support
Valeo owns Jacob’s Biscuits, Batchelors and Odlums flour, along with other products well known to Irish shoppers
Agenda: Bain Capital’s purchase of Valeo nets it 85 household brands across 106 markets
US private equity group Bain buys Irish firm Valeo which also makes Jacobs products
PAI Partners, Cinven and Bain Capital are given until end of May to submit final bids
Pandemic has highlighted shortage of skilled managers who can map a route out of chaos
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