Northern Foods shareholders face March 2 deadline to decide on bid
Greencore, the Irish-based convenience food group best known for its strong presence in the British sandwich market, still has to declare if its talks with an unnamed private equity group over the past few weeks, will lead to a counter offer.
The appointment recently of ex-Cadbury executive Alan Williams as its finance director is fuelling speculation it might have gone cold on the deal. Under Greencore’s original merger plan with Northern Foods the latter’s finance director Simon Herrick had been agreed for that role.
