Just days before shareholders in symbol group Londis are due to
vote on a £60 million offer for the group, one of the potential
rival bidders, the Co-op, ruled itself out of the running. The way
now seems clear for Irish group Musgrave...
Shareholders in UK symbol group Londis will vote next week to
decide on whether to accept a £60 million takeover bid from Irish
retailer Musgrave, a bid which has been consistently supported by
the company's board. But this has...
The board of leading UK symbol group Londis has decided for the
second time in six months to recommend a takeover bid from
Ireland's Musgrave, owner of the Budgens convenience store chain.
Although Musgrave's bid was not...
Convenience store operator Londis has begun the lengthy process of
looking for a buyer or a partner after the company's board agreed
yesterday to put the company up for sale.
Costcutter, the York-based convenience store operator, is the
latest company to throw its hat into the ring in the Londis
takeover battle. The symbol group confirmed last week that it was
"actively targeting" 1,200 Londis...
Nisa-Today's, the independent UK convenience store
group, has proposed a merger with larger counterpart Londis, the much
coveted symbol group. But Londis' reaction has been reserved, to
say the least.
Londis, the
UK-based symbol group which is currently at the centre of a
possible bidding war between a number of rival groups, has reported
Christmas trading figures which show that the uncertainty at
boardroom level had little...
