Greencore rises after speculation

THE shares of Greencore Group, whose focus is the own-brand convenience food sector in Britain, rose 2.99% to €2.99 yesterday, following speculation about its future.

The price rise followed conflicting reports in London that the Irish food group has hired Barclays to advise it on its future strategy.

The Daily Telegraph said the Dublin company is working with advisers at Barclays Capital to examine a possible takeover of all or part of Uniq food group.