Snacktime dives after Uvenco ends takeover talks

19th Feb 2014 12:52

Shares in hot drink and vending machines operator SnackTime slumped on Wednesday after Uvenco UK ended talks over its potential acquisition. In late January, fellow vending machine maker Uvenco confirmed the two firms were in discussions over a possible offer for the entire issued share capital of SnackTime. However, no agreement for a formal offer was reached and talks were officially terminated. SnackTime shares plunged 26.67% to 11p by 13:00 Wednesday. NR

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