IRELAND/UK: Greencore coy over Uniq rumours
Greencore is rumoured to be interested in acquiring Uniq
Over the weekend, The Sunday Telegraph claimed Greencore was working with advisers from Barclays Capital to examine a move for Uniq, which is majority-owned by the trustees of its pension fund.
However, a spokesperson for Greencore, which missed out on buying UK rival Northern Foods after being trumped by chicken-and-fish processor Boparan Holdings, declined to comment when contacted by just-food.
Greencore has been linked to a number of food companies since its plan to merge with Northern fell through. As well as Uniq, Premier Foods plc's private-label unit Brookes Avana has been touted by analysts as a possible target for Greencore.
Last month, Uniq announced that its pension fund - which owns 90.2% of the company following a deal over its pension deficit - was looking to sell at least part of its stake.
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