A total of 89% of shareholders in German bakery group Kamps accepted the tender offer for shares from Finba Bakery Europe AG, a unit owned by Italian food giant Barilla.
Go deeper with GlobalData
Discover B2B Marketing That Performs
Combine business intelligence and editorial excellence to reach engaged professionals across 36 leading media platforms.
As a result, it has been revealed, Finba now holds a 91.5% stake in Kamps.
Other shareholders have now got until 19 July to tender their stakes, as required by law.
