|
Bakkavor Group PLC - London-based provider of fresh food to the foodservice industry and retail customers - Extends deadline for Greencore PLC to make a firm takeover offer to May 23, pushed back from Friday. Dublin-based manufacturer of convenience foods Greencore has to announce its intention to make an offer or walk away by the new ’put-up-or-shut-up’ deadline to advance the possible £1.2 billion bid. Under the terms of the possible offer, Greencore would pay 85 pence in cash and 0.604 of a Greencore share per Bakkavor share. Bakkavor says the deadline may be extended further. The deadline was previously extended from April 11. Current Bakkavor stock price: 185.86 pence, up 2.1% on Friday morning in London 12-month change: up 54% Current Greencore stock price: 189.00 pence, up 0.3% 12-month change: up 41% Copyright 2025 Alliance News Ltd. All Rights Reserved.
|
