CITY MOVES | WHO’S SWITCHING JOBS July 14, 2011 Towry The wealth adviser has appointed Gerald Corbett as a non-executive director, adding to his chairmanships of Britvic and Moneysupermarket.com and his non-executive directorship of Numis Securities. Corbett’s previous non-exec roles include Greencore Group, Burmah Castrol and MEPC; he is also a former chairman of SSL International and the Woolworth Group. During his executive career, [...]
CITY MOVES | WHO’S SWITCHING JOBS July 14, 2011 Towry The wealth adviser has appointed Gerald Corbett as a non-executive director, adding to his chairmanships of Britvic and Moneysupermarket.com and his non-executive directorship of Numis Securities. Corbett’s previous non-exec roles include Greencore Group, Burmah Castrol and MEPC; he is also a former chairman of SSL International and the Woolworth Group. During his executive career, [...]
Greencore to buy rival Uniq in £113m deal July 12, 2011 GREENCORE has made a £113m offer for rival food company Uniq as it paves the way for a delisting in Ireland ahead of joining the London market. The Dublin-based company, which is one of Britain’s biggest providers of ready meals, said its 96p per share offer has received the backing of Uniq’s board, which put [...]
Greencore buys Uniq for £113m July 12, 2011 Greencore has agreed the £113m takeover of food company Uniq. The Irish food company said said it would pay Uniq shareholders 96p a share. Uniq makes chilled pre-prepared meals as well as sandwiches for the likes of M&S. Dublin-based Greencore earlier this failed in its bid to merge with Northern Foods. It will pay for [...]
Greencore: we are not for sale says chief exec May 24, 2011 SANDWICH and chilled foods maker Greencore posted a net half-year loss yesterday as costs from its failed merger with Northern Foods wiped out gains from a steady sales rise. The Irish group booked a €13.4m (£11.7m) charge for its bid to merge with Northern Foods, a convenience food specialist that was prised out of its [...]
Greencore: we are not for sale says chief exec May 24, 2011 SANDWICH and chilled foods maker Greencore posted a net half-year loss yesterday as costs from its failed merger with Northern Foods wiped out gains from a steady sales rise. The Irish group booked a €13.4m (£11.7m) charge for its bid to merge with Northern Foods, a convenience food specialist that was prised out of its [...]
Northern Foods fight over March 9, 2011 BOPARAN’S takeover of Northern Foods was all but sealed yesterday, as rival Greencore walked away from making a counter bid. Ranjit Singh Boparan, who gatecrashed Greencore’s planned merger with Northern last November, bought Northern shares in the open market yesterday while the share price lingered below his 73p offer price, taking the chicken producer’s share [...]
Greencore ends pursuit of Northern Foods March 9, 2011 Ireland’s Greencore it would not make a new bid for food manufacturer Northern Foods after failing to reach an agreement that would offer strong returns to its shareholders. Greencore’s initial all-share offer for Northern Foods, the maker of Fox’s biscuits and Goodfella’s pizza, was trumped in January by a £342m cash bid from chicken magnate [...]
Northern Foods war heats up March 2, 2011 Chicken tycoon Ranjit Singh Boparan has been forced to extend the deadline on his £342m offer for Northern Foods after just 23 per cent of the firm’s shareholders other than himself accepted the bid by yesterday’s cut-off. The delay gives rival Greencore and its adviser Barclays Capital two more weeks to prepare a counter-offer in [...]
Northern Foods war heats up March 2, 2011 Chicken tycoon Ranjit Singh Boparan has been forced to extend the deadline on his £342m offer for Northern Foods after just 23 per cent of the firm’s shareholders other than himself accepted the bid by yesterday’s cut-off. The delay gives rival Greencore and its adviser Barclays Capital two more weeks to prepare a counter-offer in [...]