Latest news with #Advent
South Wales Guardian
5 days ago
- Entertainment
- South Wales Guardian
Greggs and KFC's new sausage roll with gravy
Greggs and KFC have teamed up to create the 'culinary crossover of the century', also known as a sausage roll drenched in 'liquid gold' gravy. Launching this week, the high street food giants have worked together for the first time to offer the Greggs sausage roll with KFC gravy, claiming it is the 'mash-up the nation's been craving' and 'seriously flavoursome'. The brands said the alliance followed Britons consuming 15,000 litres of KFC gravy and more than one million Greggs sausage rolls every day over the past year. A post shared by Greggs (@greggs_official) Greggs and KFC announced they are taking the new combination on a three-day tour from Thursday, August 7, handing it out for free in London. This will be followed by more dates, including Manchester on August 8 and Newcastle on August 9. The tour will stop at London's Southbank Centre on Thursday, followed by Manchester's St Anne's Square on Friday and then Newcastle's Times Square, all between 12pm and 5pm, with supplies available on a first-come, first-served basis. Additionally, a sharing bucket including six Greggs sausage rolls and a large tub of KFC gravy will be available for £10 on Friday, August 15 and Saturday, August 16 through Uber Eats in London, Manchester, Newcastle and Birmingham. Is this the Greggs and KFC collab you have always wanted? (Image: Greggs/PA Wire) The news comes after Greggs and KFC teased a collaboration yesterday (August 5), which certainly got fans excited, as Greggs posted a video on social media of a sausage roll being held up in front of a KFC store. It was captioned: 'Is this a sign?' Taking to the comments of the Instagram post, trying to guess the foodie announcement, this person wrote: 'KFC inspired Chicken bake? Instead of creamy sauce in the current chicken bake it'll be KFC gravy? A KFC & Gravy style bake? I'M INVESTED.' Someone added: 'KFC Chicken & Cheese melt?' One shared: 'This would blow my MIND AHHH.' KFC brand manager Phoebe Syms commented: 'At KFC, we bleed gravy. We go to obsessive lengths for our liquid gold, and so do our fans. A post shared by KFC UK & Ireland (@kfc_uki) 'In fact, it was them who inspired this once-in-a-lifetime event, calling for us to partner with Greggs and unite our iconic gravy with their iconic sausage rolls. Recommended reading: Tesco's 'weird' new sandwich going viral as shoppers ask 'what am I looking at' Asda making 'big improvements' to website and app - see what's changing Cadbury to release 'indulgent' new Advent calendar that's already causing a stir 'Now we're joining forces for just a few days to give the people a taste of what they really want … it's time for gravy to meet pastry. You're welcome.' Fiona Mills, brand communications lead at Greggs, added: 'With 96 layers of light puff pastry, and perfectly baked to give that satisfying golden crisp and flaky goodness, we've always known our sausage rolls are a true British icon. And why not pair one icon with another? 'We can't wait to see what Greggs and KFC fans make of our latest partnership. We're sure fans of both brands will enjoy devouring their Greggs x KFC sharing bucket.'
Daily Mail
6 days ago
- Business
- Daily Mail
Spectris agrees £4.8bn takeover offer as KKR outbids private equity rival
Private equity giant KKR has trumped rival Advent's takeover bid for British scientific instruments maker Spectris with an improved offer. The two US firms have been battling for control of the FTSE 250 firm since it agreed to an initial £37.63 per Spectris share bid from Advent in June. Spectris withdrew its support for an Advent bid valuing its shares at £41 each on Tuesday, and backed a sweetened KKR offer of £41.75 per share instead. The offer values Spectris' equity at £4.2billion, with an enterprise value of £4.8billion. New York buyout group KKR was dubbed the 'barbarians at the gate' for its fearsome reputation following a 1989 takeover of RJR Nabisco, which was turned into a book and film. It marks another major blow to Britain's public markets, which are on course for the biggest year of takeovers since 2021 after £74billion of offers in the first half, according to Peel Hunt. Spectris directors unanimously recommended KKR's latest offer, which they said was 'fair and reasonable' and 'in the best interests' of shareholders. Spectris shares have more than doubled since Advent's initial bid in June, propelled by the bidding war, and closed at 4,140p on Monday evening. KKR's latest bid values the firm at a 104.9 per cent premium to Spectris' closing share price of £20.38 on 6 June 2025 when Advent's initial bid was made. The firm's latest offer comprises £40.72 in cash and an interim dividend of 28p per Spectris Share. Investors will have to approve the deal at an upcoming meeting before it can go ahead.
Reuters
6 days ago
- Business
- Reuters
UK's Spectris agrees sweetened KKR offer as takeover battle heats up
LONDON, Aug 5 (Reuters) - British scientific instruments maker Spectris (SXS.L), opens new tab has agreed to a sweetened offer from U.S. private equity firm KKR (KKR.N), opens new tab valuing it at 4.8 billion pounds ($6.4 billion), it said on Tuesday, withdrawing its backing for a lower offer from rival suitor Advent. The London-headquartered company said it had agreed to a 41.75 pound per share deal with KKR just four days after backing a bid from Advent at 41 pound per share. Shares in Spectris gained 1.4% in early trading. The two private equity firms have been vying for control of the company for over a month after Spectris agreed to an initial offer from Advent in June. Britain's subdued valuations and relative stability have attracted overseas buyers, with a flurry of bids in recent months highlighting appetite for UK assets. Advent's initial bid came after Spectris' share price had declined by around half from a 2021 peak. The KKR offer values Spectris' equity at 4.2 billion pounds, with an enterprise value of 4.8 billion pounds including debt. The pace of takeovers of British companies has accelerated this year despite the turmoil triggered by U.S. tariffs, which weighed on global dealmaking in the months after so-called Liberation Day in early April. There has since been a rebound, with the value of transactions in the first seven months of the year reaching $2.6 trillion, the highest for the period since the 2021 pandemic-era peak, according to data from Dealogic. ($1 = 0.7528 pounds)
Yahoo
6 days ago
- Business
- Yahoo
UK's Spectris agrees sweetened KKR offer as takeover battle heats up
LONDON (Reuters) -British scientific instruments maker Spectris has agreed to a sweetened offer from U.S. private equity firm KKR valuing it at 4.8 billion pounds ($6.4 billion), it said on Tuesday, withdrawing its backing for a lower offer from rival suitor Advent. The London-headquartered company said it had agreed to a 41.75 pound per share deal with KKR just four days after backing a bid from Advent at 41 pound per share. The two private equity firms have been vying for control of the company for over a month after Spectris agreed to an initial offer from Advent in June. Britain's subdued valuations and relative stability have attracted overseas buyers, with a flurry of bids in recent months highlighting appetite for UK assets. The KKR offer values Spectris' equity at 4.2 billion pounds, with an enterprise value of 4.8 billion pounds. ($1 = 0.7528 pounds)
South Wales Guardian
6 days ago
- South Wales Guardian
Expert warns of risks when buying tech devices on Vinted
Now though, an expert has issued a warning to those using Vinted for buying and selling electronic devices. While it might seem pretty harmless to pass on your old phone or tablet, you should think twice, warns Antonia Hristov, Head of Marketing at the mobile phone recycling comparison site Compare and Recycle. 'Selling tech on second-hand marketplaces means you'll need to create your own listing with high-quality photos of your device, alongside responding to potential buyers' questions - not to mention them haggling for lower prices', says Antonia. A post shared by Vinted (@vinted) Antonia, from Compare and Recycle, explains that while Vinted does have an Electronics Verification service, it comes at an additional cost of £5 and 'only covers the functionality, condition, attributes and authenticity of devices.' Without paying for it, Antonia explains that there's no way to ensure the device you've purchased will arrive as claimed by the seller. Concerningly, research from Which? shows that a third of buyers and a fifth of sellers have experienced a marketplace scam in the past two years. Even if they do buy marketplace premium protections, Antonia added: 'Buyers could also be at risk of buying a device that is still under finance. 'Doing so could mean the phone might be locked to a specific network, and if the previous owner stops making their monthly payments, the phone would likely be blacklisted using the IMEI number by the lender.' Antonia continued: 'Similarly, sellers could be at risk of personal data being left on a device if the seller fails to perform data erasure, which will mean that buyers won't be able to have full access to the device, and the seller could potentially be exposed to data misuse." To avoid any potential issues with selling tech, Antonia advises that: 'Peer-to-peer sales can be great with low-risk items like clothing, but for tech, it's always best to use specialist tech recycling companies like those listed on Compare and Recycle. 'While selling on marketplaces like Vinted might seem convenient - especially if you're a frequent user - choosing a tech recycling site for selling second-hand devices is a better option because it is low effort for the seller and recyclers verify, test, and securely erase data, without hidden or additional protection fees.' Vinted outlines the electrical items you can sell which include mobile phones, landline phones, accessories including phone cases and chargers plus tablets and e-readers. Recommended reading: 11 side hustles to make the most of the HMRC proposed changes HMRC issues £1000 warning to Ebay, Vinted, Facebook Marketplace and Etsy users Cadbury to release 'indulgent' new Advent calendar that's already causing a stir You can also sell bigger electrical items like TVs, satellite dishes, DVD players and more. It doesn't stop there though as you can also sell hair styling tools, electric razors, headphones, game consoles and more. See the full list of electronic devices you can sell on Vinted via the website (linked above). Newsquest has contacted Vinted for comment.
