Greencore confirms takeover bid

SHARES in Greencore jumped by more than 20%, at one point yesterday, on news that the company has received a possible takeover approach.

The convenience food giant said via a stock exchange statement, that it has received an approach, “which may or may not lead to an offer for the company”.

The company added that discussions “are at a preliminary stage and there can be no certainty whether any offer will be forthcoming”, adding that a further announcement will be made “when appropriate”.