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Greene King chief joins Morrisons board

Mon, 14th Dec 2015 07:34

(ShareCast News) - Wm Morrison Supermarkets has announced Rooney Anand will join its board as a non-executive director and as senior independent director on 1 January 2016.The FTSE 100 company said Anand, who is currently chief executive of Greene King, is a "highly experienced retail and fmcg (fast-moving consumer goods) executive".He has worked with United Biscuits and Sara Lee before joining the pub business in 2001, before being appointed CEO in 2005.He is credited with turning it around from a regional brewery and pub business to a brand-led pub, restaurant and hotel operator.He has also headed up its £770m takeover of the Spirit Pub Group, which will make Greene King the largest managed pub group in the UK.Morrisons chairman Andrew Higginson said Anand is a widely admired and successful chief executive."Rooney had the vision at the start of the credit crunch to reinvent Greene King as a branded food based pub retailer," he said."His experience in retail, in fmcg and in turning around the fortunes of a major retail business, will all be put to good use at Morrisons."It's the last in a series of new appointments for the supermarket, following Irwin Lee, Belinda Richards, Paula Vennells and Neil Davidson joining the board.
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Greene King Q1 beer sales fall ahead of ?2.7bn takeover

(Sharecast News) - Pub owner and brewer Greene King saw beer sales plunge in the first quarter ahead of its £2.7bn takeover by Hong Kong billionaire Li Ka-Shing.

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30 Aug 2019 16:04

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21 Aug 2019 13:20

Wednesday broker round-up

(Sharecast News) - Greene King: RBC Capital Markets downgrades to sector performer with a target price of 850p.

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20 Aug 2019 12:26

Tuesday broker round-up

(Sharecast News) - Royal Dutch Shell: Barclays downgrades to equal weight with a target price of 3,100p.

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20 Aug 2019 11:00

Canaccord Genuity lowers Greene King to 'hold' following CK Noble offer

(Sharecast News) - Analysts at Canaccord Genuity raised their target price on British landlord Greene King on Tuesday, but lowered their recommendation for the firm's shares from 'buy' to 'hold' following the previous session's accepted offer from CK Noble.

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19 Aug 2019 17:01

LONDON MARKET CLOSE: FTSE 250 Surges As Greene King Accepts Takeover

(Alliance News) - London stocks started the week on the front foot amid stimulus hopes and the prospect of further trade talks between the US and China. In Monday's afternoon company news, up

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19 Aug 2019 16:16

TOP NEWS: Greene King Agrees GBP4.6 Billion Offer From CK Asset

(Alliance News) - Greene King PLC said Monday it has accepted an 850 pence cash offer from Hong Kong-listed property developer CK Asset Holdings Ltd.Shares in the FTSE 250-listed pub jumped

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19 Aug 2019 15:56

CK Asset Holdings to buy Greene King for 850p a share

(Sharecast News) - Shares of Greene King surged on Monday as the pub group agreed to be bought by a subsidiary of CK Asset Holdings, the flagship of the CK Hutchison Group, for 850p a share in cash.

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10 Jul 2019 08:28

TOP NEWS: Dunelm Confident Amid Double-Digit Annual Revenue Growth

(Alliance News) - Curtains and bedding seller Dunelm Group PLC on Wednesday reported a double-digit increase in revenue in both its final quarter and full financial year, and said it expects to by

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27 Jun 2019 10:59

WINNERS & LOSERS SUMMARY: Kingfisher Rises After Appointing New CEO

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27 Jun 2019 07:50

Greene King outperforms but damp weather harming current year sales

(Sharecast News) - Greene King reported that it had returned to market outperformance on Thursday, due to growth from its pub company and brewing and brands segments, although wet weather did hurt sales in the post year-end period.

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20 Jun 2019 16:04

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13 Jun 2019 15:06

FTSE 250 movers: Contour crushed, Just Group leaps

(Sharecast News) - London's FTSE 250 was 0.41% lower at 19,171.03 in afternoon trading on Thursday, as power generation business Contour Global led the index lower.

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13 Jun 2019 13:08

Thursday broker round-up

(Sharecast News) - Domino's Pizza Group: Peel Hunt upgrades to buy with a target price of 300p.

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