Greencore secures deal on £1.2bn Bakkavor takeover
15th May 2025 07:16
(Sharecast News) - Convenience food maker Greencore said it had secured agreement to buy UK fresh food provider Bakkavor in a £1.2bn deal and upgraded full-year guidance after a bumper first half.
Read moreGreencore and Bakkavor granted more time in £1.2bn takeover talks
9th May 2025 08:18
(Sharecast News) - Greencore and Bakkavor have been granted more time to seal a £1.2bn takeover, the FTSE 250 convenience food makers confirmed on Friday.
Read moreGreencore deadline to make firm bid for Bakkavor extended to May 9
11th Apr 2025 07:06
(Sharecast News) - Convenience food group Greencore has been given an extension on the deadline to make a firm offer for rival Bakkavor until May 9 or walk away.
Read moreLondon close: Stocks mixed ahead of Trump's tariff announcement
2nd Apr 2025 14:47
(Sharecast News) - London stocks ended Wednesday on a mixed note, with investors reacting cautiously to geopolitical developments, particularly US president Donald Trump's looming announcement of reciprocal tariffs.
Read moreGreencore agrees £1.2bn deal for food rival Bakkavor
2nd Apr 2025 07:02
(Sharecast News) - Convenience food maker Greencore said it had reached agreement in principle to take over rival Bakkavor in a deal worth £1.2bn after two previous approaches were rejected- sending shares in the Icelandic company surging.
Read moreGreencore lifts full-year profit outlook after strong Q2
1st Apr 2025 07:23
(Sharecast News) - Irish convenience food manufacturer Greencore lifted its full-year profit outlook on Tuesday as it hailed a strong second quarter.
Read moreLondon close: Stocks higher as Reeves delivers Spring Statement
26th Mar 2025 15:01
(Sharecast News) - London stocks closed modestly higher on Wednesday, supported by investor reaction to the chancellor's Spring Statement and a larger-than-expected drop in UK inflation.
Read moreGreencore reportedly lifting bid for Greencore
26th Mar 2025 07:54
(Sharecast News) - UK convenience food maker Greencore has lifted its bid for rival Bakkavor Group, according to a media report on Tuesday.
Read moreGreencore says bids for Bakkavor rejected
14th Mar 2025 14:34
(Sharecast News) - Shares in Bakkavor surged late on Friday as it emerged the food company rejected two bids from UK rival Greencore - the second worth £1.13bn.
Read moreDeutsche Bank upgrades Greencore to 'buy', shares surge
6th Feb 2025 10:43
(Sharecast News) - Deutsche Bank upgraded Greencore on Thursday to 'buy' from 'hold' and lifted the price target to 225p from 195p.
Read moreGreencore bullish as CEO unveils new growth targets
5th Feb 2025 08:35
(Sharecast News) - Convenience foods group Greencore outlined new financial targets on Wednesday, pointing to mid-single digit growth in revenues and profits over the medium term as it unveils a "refined strategic direction" at a shareholder meeting.
Read moreBroker tips: Next, Pennon, Greencore, Bakkavor
31st Jan 2025 11:45
(Sharecast News) - UBS upgraded its stance on Next on Friday to 'buy' from 'neutral' and lifted the price target to 11,700p from 10,500p.
Read moreRBC Capital starts food producers Bakkavor, Greencore at 'buy'
31st Jan 2025 07:21
(Sharecast News) - RBC Capital Markets initiated coverage of food producers Bakkavor and Greencore on Friday with a 'buy' rating.
Read moreGreencore makes 'positive start' to FY25, Q1 revenues up
30th Jan 2025 08:02
(Sharecast News) - Convenience food business Greencore said on Thursday that Q1 revenues were up after it made a "positive start to FY25 trading".
Read moreLondon close: Stocks led higher by rising metal prices
9th Jan 2025 16:53
(Sharecast News) - London stocks maintained positive momentum through to the close on Thursday, driven by gains in the mining sector and the continued depreciation of the pound.
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