Ok so the figures sounded OK, but the share price today looks
very temptingly cheap - down to 93p last time I looked, it has
been up there 150p or so, and pays a divi.

So anyone hold these and if you do, what's your views?
I'll dig out the share price chart and paste it up in a mo..

Its a stitch up ???

Big Food makes 'substantial progress' in Baugur takeover talks
AFX


LONDON (AFX) - UK food retail and distribution company, Big Food Group PLC said discussions are proceeding well over the agreed 326 mln stg takeover bid from Icelandic retailer Baugur.

The UK group, which owns the Iceland frozen food retailer, said it had made 'substantial progress' in talks over the 95 pence per share takeover offer, which was announced at the end of last month.

Big Food said papers had been lodged with the court to preserve the intended scheme of arrangement timetable.

Baugur bids 95p per share for Big Food Group
MoneyAM
Big Food Group confirmed today it has recommended a 95p a share bid from Giant BidCo Limited, a consortium led by Baugur, the Icelandic investment company.

The deal, which values BFG at 326m, will be effected by means of a scheme of arrangement, subject to the approval of the high court and shareholders.

The scheme is expected to become effective on February 11th, 2005.

Well under the circumstances I suppose the best we can say is,
it didn't end up going any lower then it did!

Whats that news.

Someone has increased their holding in the company - trading
stops on 10th Feb - next week.