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Nomad Foods aims to grow Ledo brand after deal: CEO

Bloomberg Nomad Foods Ltd plans to grow the Ledo frozen-food group brands, not spin them off, after sealing a $724-million Croatian acquisition that gives Europe’s largest frozen food business a foothold in the Balkans. “It would be a big mistake to make any change,” Chief Executive Officer Stefan Descheemaeker said in an interview via a video-link. “We are in the ...

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Boeing climbs over big order for smallest Max

Bloomberg Boeing Co rose after Southwest Airlines Co ordered 100 of the smallest version of the 737 Max, cementing a half-century relationship and ending a public flirtation with Airbus SE. The deal for Max 7 planes strengthens Boeing’s first-quarter sales as well as its campaign to bolster its single-aisle aircraft program after two fatal crashes spurred a record flying ban ...

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Air France-KLM board to meet on state rescue

Bloomberg Air France-KLM’s board is preparing to meet on Monday to consider a recapitalisation plan for its French arm, according to people familiar with the matter. The multi-billion-euro package would be up for discussion after a deal was reached between the French government and the European Commission. The commission had antitrust concerns, said the people, who asked not to be ...

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