Blog: Still no news on Northern
Dean Best | 21 January 2011
As the clock ticks down to 5pm, we are - at the time of writing - still waiting for news on whether UK poultry-to-fish supplier Boparan Holdings will table a takeover bid for Northern Foods.
Boparan Holdings and its owner Ranjit Boparan have until 5pm to announce an offer for Northern - which is planning to merge with Ireland's Greencore - or walk away.
Earlier today, it was reported that Mr Boparan had struck an agreement with Northern's pension trustees - seen as key should the food tycoon decide to move for the Fox's biscuits and Goodfella's pizza owner.
As soon as an announcement is made - or 5pm passes - we will, of course, report whether Mr Boparan has launched a bid.
Danone completed its US$12.5bn acquisition of WhiteWave Foods this week. The move will roughly double Danone's presence in North America, where WhiteWave is a top four dairy player. ...
Premier Foods plc revealed today (28 March) it has secured a deal with its pension scheme trustees that will see the UK food maker reduce its pension burden....
Hain Celestial, under the scrutiny of the investment community in recent months and facing some challenges in its domestic market, has announced another shuffling of its management pack....
FrieslandCampina, which today served up higher profits but lower sales for 2016, is ready to offload the last non-dairy business owned by the Dutch cooperative giant....
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