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M&A

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KPMG predicts continuing M&A decline

The UK is set to echo a global decline in deal-making activity, predicts accountancy giant KPMG.

News

American giant acquires Pride Valley Foods

American food group Gruma has acquired Pride Valley Foods for £20 million. The sellers were entrepreneur Hossain Razaei, who owned 85 per cent of the acquired company, and his fellow directors Roger McKechnie and Michael Hughes.