Mouchel pans Costain’s new takeover bid January 6, 2011 CONSTRUCTION firm Costain made an increased all-share offer for struggling business services group Mouchel yesterday, which valued the firm at around £150m, excluding its near-£100m debts. Mouchel, which acts as a consultant on infrastructure projects, rejected the offer yesterday afternoon, claiming that the bid significantly undervalued the business. Costain said it would offer 0.5947 new [...]
Boparan told to put up or shut up over Northern takeover interest January 4, 2011 THE TAKEOVER Panel issued a “put up or shut up” deadline on food tycoon Ranjit Boparan yesterday over his interest in taking over Northern Foods. Boparan has until 21 January to make a firm bid for Northern, which is currently working with Irish convenience food maker Greencore on a merger that would create a company [...]
Boparan told to put up or shut up over Northern takeover interest January 4, 2011 THE TAKEOVER Panel issued a “put up or shut up” deadline on food tycoon Ranjit Boparan yesterday over his interest in taking over Northern Foods. Boparan has until 21 January to make a firm bid for Northern, which is currently working with Irish convenience food maker Greencore on a merger that would create a company [...]
Boparan told to put up or shut up over Northern takeover interest January 4, 2011 THE TAKEOVER Panel issued a “put up or shut up” deadline on food tycoon Ranjit Boparan yesterday over his interest in taking over Northern Foods. Boparan has until 21 January to make a firm bid for Northern, which is currently working with Irish convenience food maker Greencore on a merger that would create a company [...]
Boparan told to put up or shut up over Northern takeover interest January 4, 2011 THE TAKEOVER Panel issued a “put up or shut up” deadline on food tycoon Ranjit Boparan yesterday over his interest in taking over Northern Foods. Boparan has until 21 January to make a firm bid for Northern, which is currently working with Irish convenience food maker Greencore on a merger that would create a company [...]
Boparan eyes Northern bid December 22, 2010 NORTHERN Foods yesterday confirmed it had been approached by rival Boparan Holdings about a possible cash takeover offer, less than a month after it agreed to a merger with Irish food manufacturer Greencore. Boparan, the owner of Harry Ramsden’s restaurants and the biggest chicken producer in Europe, has been granted access to Northern’s financials after [...]
Management should stick to Plan A December 22, 2010 RANJIT Boparan’s plan to bid for Northern Foods might be audacious, but the odds are stacked against it. An already-planned merger between Northern Foods and Irish rival Greencore is still the best deal on the table. The marriage of Northern and Greencore – the two leading chilled players in the UK market – would bring [...]
Management should stick to Plan A December 22, 2010 RANJIT Boparan’s plan to bid for Northern Foods might be audacious, but the odds are stacked against it. An already-planned merger between Northern Foods and Irish rival Greencore is still the best deal on the table. The marriage of Northern and Greencore – the two leading chilled players in the UK market – would bring [...]
Northern Foods receives new approach December 22, 2010 Food manufacturer Northern Foods said it received an approach from food tycoon Ranjit Boparan, boosting its shares, although it reiterated support for a planned merger with Ireland’s Greencore. Responding to a media report, Northern Foods, the biggest maker of Christmas puddings, said that Boparan Holdings approached it on December 17 requesting information. However, it has [...]
Emerald Isle to keep 12.5pc rate for corporate tax November 28, 2010 Ireland’s bailout will not require it to raise its corporation tax rate, Prime Minister Brian Cowen said yesterday. Eurozone nations had heaped pressure on Ireland to slash its much-envied 12.5 per cent rate. Austria had led calls for the beleaguered nation to be forced to hike the rate as punishment for its financial failures. The [...]