Greencore refuses to rule out bid for Northern Foods

Supermarket sandwich maker Greencore told shareholders today it was still mulling over whether to launch a counter offer for former merger partner Northern Foods.

Greencore had agreed a tie-up with Goodfella’s pizza and Fox’s biscuits-maker Northern but the deal was scuppered when an offer by the owner of Harry Ramsden’s fish restaurants Ranjit Singh Boparan was accepted by Northern’s board.