9th May 2025 11:51
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
