Roberts Bakery has been saved from going under by the private investment vehicle of UK-based entrepreneur and billionaire Ranjit Singh Boparan. It emerged earlier this month that Roberts Bakery, based in Northwich, Cheshire, had filed a so-called Notice of Intention (NOI) to appoint administrators. However, Mr Boparan has now stepped in to rescue family-run Roberts Bakery via his Boparan Private Office (BPO) investment platform, saving 433 jobs in the process. The businessman is also the owner of 2 Sist ...

Core Points - Grupo Bimbo, the world's largest bakery company, is hosting the tenth annual Bimbo Global Race, which will take place in-person on September 28 and virtually from September 22 to 28 [1][2] - The event aims to gather over 150,000 participants across 30 cities in 23 countries, with a goal to donate three million slices of bread to food banks worldwide [2][7] - The race promotes the company's commitment to community support and aligns with its purpose of "Nourishing a Better World" [2][3] Event Details - Participants can register for either a 5K or 10K race, with the event open to all ages, promoting family togetherness and a healthy lifestyle [4] - The in-person race will occur in various cities including Toronto, Los Angeles, and Mexico City, among others [3][4] - For each in-person registration, Grupo Bimbo will donate 20 slices of bread, while two slices will be donated for each virtual registration [2][7] Company Overview - Grupo Bimbo operates 221 plants and has over 1,500 points of sale in 35 countries, making it a major player in the bakery and snacks industry [6] - The company has a vast distribution network with more than 57,000 routes and 149,000 associates [6] - Grupo Bimbo is listed on the Mexican Stock Exchange under the ticker symbol BIMBO and in the U.S. OTC market as BMBOY [8]