Irish supermarket group Musgrave has reported a 17 per cent rise in
year-end sales to €4.4bn, bolstered by the acquisition of Britain's
Londis convenience store chain.
After seven months of uncertainty, Londis retailers last week voted
massively in favour of the sale of the group for £60 million to
Musgrave, the Irish company that owns Budgens in the UK. A victory
for the Londis management, which...
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...
What started out as a simple takeover of the UK-based convenience
store group Londis by Irish counterpart Musgrave now looks set to
become this year's equivalent of the Safeway affair, with a number
of rival bids thought to be...
With the Safeway takeover bid dominating the headlines for nearly a
year, the rest of the UK retail sector has been somewhat
overlooked. But there has been plenty of activity over the last few
months, in particular in the convenience...