Total shares await acquisition-led boost

Shares at ISEQ-listed Total Produce await a shot in the arm as the fresh produce company announces a 92% acquisition of Wholefoods Wholesale Ltd. the health foods distributor.

Wholefoods distributes quality health products such as natural foods, vitamins and mineral supplements to independent food stores across Ireland

Total Produce has only recently become involved in the health food sector but recorded a turnover of €18 million in 2006. At opening this morning the group's share price stood at 71c.

Elsewhere, Anglo Irish Bank took a major hit falling 43c at €13.15. Most other financial institutions languished in the red with losses of 5c for IL&P at €16.84.