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Nomad Foods Announces Pricing of Secondary Offering by Pershing Square

Nomad Foods is a leading frozen foods company with a global brand's portfolio, i.e. Findus

Nomad Foods Limited (NYSE: NOMD) (“Nomad Foods” or the “Company”) and      Pershing Square Capital Management, L.P. (“Pershing Square”) today   announced the pricing of the previously announced underwritten secondary   public offering by certain funds managed by Pershing Square (the  “Selling Shareholders”) of 33,333,334 ordinary shares of the Company at      a price to the public of $14.30 per ord...

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© EFA News - European Food Agency Srl

Cheese and dairy productsBrands and transformation deliver strong 2019 results for Arla

Arla’s branded sales volume grew 5.1 per cent in 2019

In 2019 farmer-owned Arla Foods exceeded expectations for global branded sales whilst simultaneously transforming its business securing cost-savings at the top end of expectations through the Calcium programme. This enabled Arla to deliver a stable milk price to its farmers owners and a strong cash flow further strengthened the company’s investment power in future growth. more