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Butterkist goes German with sale to KP Snacks

Butterkist goes German with sale to KP Snacks

Business
The Butterkist popcorn brand, whose adverts are familiar to generations of cinema-goers, will this week be added to the same stable of snack brands as Hula Hoops and McCoy's.Sky News has learnt that Butterkist is being sold by privately owned Tangerine Confectionery to KP Snacks, Britain's second-biggest owner of bagged snacks.Image:The Butterkist brand is familiar to generations of cinema-goersKP, which is part of the German food producer Intersnack Group, is expected to announce the deal on Monday.The value of the transaction is unlikely to be disclosed but is expected to be in the tens of millions of pounds.Insiders said that KP, which saw off rival interest from other multinational food companies, had been keen to buy Butterkist to gain exposure to the fast-growing popcorn category.As ...
18 Food Finds to Buy During Nordstrom's Anniversary Sale

18 Food Finds to Buy During Nordstrom's Anniversary Sale

Health
From July 21 through August 6, Nordstrom is dropping prices in honor of their anniversary, and we can't wait. For now, Nordstrom rewards members get early access starting July 13 through July 20, and we took a sneak peak at all the deals to choose the best ones for you.You can shop "trend setter" pages like those curated by Ashley Graham, Hana Mae Lee, and Russel Wilson, but we prefer to find our own way to the best food-themed, kitchen-ready, summer-making home must-haves. Here are our favorite finds to snap up during the Nordstrom sale.'Romance' Picnic Basket; nordstrom.comSale Price: $ 74.90After Sale: $ 112.00Live out your favorite romantic fantasy with this old school picnic basket. Full of glassware, cutlery, plates, and more, you'll have a romantic getaway you'll cherish forever. As
Ministers eye £6bn Bradford & Bingley sale

Ministers eye £6bn Bradford & Bingley sale

Business
The Government is targeting a bigger-than-expected sale of mortgage loans taken on by taxpayers during the financial crisis amid continued doubt about the proceeds it will receive from its vast stake in Royal Bank of Scotland (RBS).Sky News has learnt that ministers are preparing to sell a £6bn portfolio of buy-to-let and residential mortgages, the vast majority of which were issued by Bradford & Bingley (B&B).Sources said that a smaller chunk of the loan-book being put up for sale relates to assets acquired from GMAC-RFC and Kensington Mortgages before the banking crisis emerged in the UK in 2007, when Northern Rock found itself unable to fund itself in wholesale financing markets.The Treasury had originally identified about £3bn of mortgages to be sold later this year, with Morga