Bremerhaven. (bm) British Finsbury Food Group PLC has agreed to be acquired by Frisbee Bidco for 143 million GBP. The acquisition is set for a vote by the shareholders of the bakery group. The Finsbury board has unanimously decided to recommend that shareholders vote in favour of the deal. Frisbee Bidco, which was formed for the purpose of the acquisition, is owned by funds managed by DBAY Advisors, an asset management company based in the Isle of Man, United Kingdom. Finsbury operates across the UK and Europe, manufacturing a range of baked goods, including cakes and bread. Other topics of the week:
- General Mills: Reports Fiscal 2024 First-quarter Result [US] Fri 09-22
- Finsbury Food: recommends 143 million GBP takeover offer [UK] Fri 09-22
- Ferrero: opens new Innovation Center and North America R+D Labs [LU] Thu 09-21
- Kroger: makes more shelf space available for local products [US] Thu 09-21
- Grupo Bimbo: named as the best Mexican company in the world [MX] Thu 09-21
- Hershey: Names CTO to Advance Analytics + Automation [US] Thu 09-21
- Upcycling: Lesaffre takes minority shareholding in Yeap [FR] Wed 09-20
- FDF: Record UK food exports driven by growing EU demand [UK] Wed 09-20
- Puratos: Expands Presence in Kosovo Market through JV [BE] Tue 09-19
- WFM: Celebrates 20 Years as a Certified Organic Grocer [US] Tue 09-19
- Investor Day 2023: Yum China unveils »RGM 2.0« [CN] Mon 09-18
- Farmer Bros.: Reports Fiscal Q4-2023 Financial Results [US] Mon 09-18
- Improving self-sufficiency: Coop launches CN Invest [SE] Sat 09-16
- Starbucks Company: Howard Schultz to retire as director [US] Sat 09-16
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