Blog: Dean BestStill 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.


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