Takeover

Quorn Foods is remaining quiet on reports of two takeover bids

Quorn quiet on reports of takeover bid

By Michael Stones

Quorn Foods is remaining quiet on reports that acquisition firm Nomad Foods and chip giant McCain Foods are preparing takeover bids for the meat-free food manufacturer, as it revealed a 50% boost in production capacity to meet surging export demand.

Retail round up

Retail round up

Belgian retail group Colruyt this week reported
better-than-expected results for the 2003/04 financial year after a
predicted price war failed to materialise.

Somerfield safe, for now

Somerfield safe, for now

After fighting off two hostile bids, including one which would have
seen 171 of its stores pass into the hands of rival Sainsbury, the
future of UK retailer Somerfield looks more stable. But the company
is likely to remain a takeover...

Burns glowing...

Burns glowing...

Burns Philp's long-running bid for Australia's largest food company
could well be over as the board at Goodman Fielder yesterday, at
last, backed the Burns revised takeover bid and moved over to allow
a Burns Philp majority...

Burns posts strong earnings

Burns posts strong earnings

Australian yeast and ingredients group Burns Philp, currently in
the midst of a hostile takeover bid for food company Goodman
Fielder, today reported a 40.3 per cent increase in net profit to
A$95.1 million (€51.8m) for the fiscal...

FIRB supports Burns Philp

FIRB supports Burns Philp

It would appear that the bid from Australian ingredients and yeast
company Burns, Philp & Co for Goodman Fielder is far from over
with the company saying on Wednesday that it had received approval
from the Foreign Investment Review...

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