(Alliance News) - Greencore Group PLC's buy of Bakkavor Group PLC looks set to be green lit, after the UK's antitrust watchdog on Friday said it agreed "in principle" to accept remedies aimed at easing competition concerns. Read More
(Alliance News) - London Stock Exchange Group PLC Chief Executive Officer David Schwimmer is leading an industry call for Chancellor Rachel Reeves to introduce new incentives in the upcoming budget to boost pension fund investment in UK equities, Sky News reported on Thursday. Read More
(Alliance News) - Stock prices in London were slightly higher at midday on Monday amid optimism for progress in trade talks between the US and China, though HSBC weighed on the blue-chip index. Read More
(Alliance News) - The UK competition regulator on Monday said Greencore Group PLC and Bakkavor Group PLC need to offer remedies to obtain clearance for their proposed merger. Read More
(Alliance News) - Stock prices in London were mixed on Monday morning, as the UK lagged a broader rally amid hopes of a trade deal between the US and China. Read More
(Alliance News) - HSBC sets aside USD1.1 billion for a Luxembourg court ruling related to the Bernard Madoff fraud case, while the UK competition regulator asks for remedies to approve the Greencore-Bakkavor merger. Read More
(Alliance News) - Greencore Group PLC on Wednesday said volume growth momentum continued into its financial fourth quarter, citing favourable weather and product innovation. Read More
(Alliance News) - Stock prices in London opened mixed on Wednesday, after 'safe haven' gold hit a new record by passing the USD4,000 mark and the UK government has said it is "in discussions" with the EU over a steel tariff hike as UK industry figures warn of an "existential threat". Read More
(Alliance News) - Bakkavor Group PLC on Wednesday said it was on track to deliver profit towards the upper end of guidance and hit a margin target one year ahead of schedule after of its proposed takeover. Read More
(Alliance News) - The UK Competition & Markets Authority on Monday confirmed it has launched a formal phase 1 inquiry into the acquisition of Bakkavor Group PLC by Greencore Group PLC. Read More
(Alliance News) - Greencore Group PLC on Tuesday raised full-year guidance after reporting that the good weather and new business wins boosted sales in the financial third quarter. Read More
(Alliance News) - Bakkavor Group PLC on Friday said it has completed the sale of its China operations, Bakkavor China Holdings Ltd, for CNY509 million, or USD50 million. Read More
(Alliance News) - The Competition & Markets Authority on Tuesday said it is considering whether Greencore Group PLC's planned acquisition of Bakkavor Group PLC may reduce competition in the UK. Read More
(Alliance News) - Unite Group expects to benefit from a pick-up in UK university student numbers, while building materials firm SIG warned it saw "no notable pick-up in demand" during the first half of 2025. Read More
(Alliance News) - Greencore Group PLC on Thursday agreed a GBP1.2 billion takeover of Bakkavor Group PLC, creating a "leading UK convenience food business", just over a month after the duo struck a preliminary agreement. Read More
(Alliance News) - London's FTSE 100 is called down on Thursday, as UK economic growth beats expectations in March and new data shows foreign investment slipped during 2024. Read More
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 GBP1.2 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. Read More