US frozen-food firm Overhill Farms has confirmed it is evaluating a number of approaches over potential joint ventures, acquisitions or “other transactions”.
Overhill revealed yesterday (13 August) it has received “expressions of interest” from “several parties”, which remain unnamed.
Go deeper with GlobalData
The private-label frozen food group, which recently gained the licence to manufacture the Boston Market brand, said that it has appointed Piper Jaffray & Co to advise it on the best means to maximise shareholder value.
Shares in Overhill rose 16.83% on the New York stock exchange today, climbing to $4.65 per share at time of press.
See Also:
