Despite its bid for Northern Foods failing earlier this year, Greencore has not lost its appetite for M&A with the announcement of a bid for food-to-go and desserts manufacturer Uniq. But, with the many challenges...
Irish food group Greencore looks set to buy Uniq after tabling a GBP113m (US$178.8m) takeover offer for the UK desserts-to-sandwiches maker.
Trading at UK food group Uniq has been "in-line with expectations" in the first 21 weeks of the year, the company's board of directors has said.
The trustees of Uniq's pension fund is looking to sell at least part of its 90.2% stake in the UK convenience food maker - shares they only acquired days ago.
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