Boparan races to ready offer for Northern Foods

first_imgThursday 20 January 2011 7:51 pm whatsapp KCS-content Boparan races to ready offer for Northern Foods More From Our Partners Native American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.comRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.org Share whatsapp ADVISERS for Boparan have been working through the night to put together a bid for Northern Foods, although it was still uncertain yesterday whether the firm would make a formal bid before the Takeover Panel deadline of 5pm today. Boparan’s team has been trying to thrash out a deal with Northern Foods’ pension trustees, who have already agreed a deficit-reduction plan between Northern and potential merger partner Greencore. Greencore agreed to help pay £15m into Northern’s £142m deficit as part of a merger agreed in November. Boparan has not disclosed the price of its planned takeover bid, although people close to the deal said Northern investors have told the company they are unlikely to accept an offer below 80p. Both firms declined to comment. Show Comments ▼ Tags: NULLlast_img

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