Aryzta shares end higher again after bakery firm confirms renewed offer         

Swiss-Irish bakery products firm valued at around €735m

Shares in Aryzta ended  3.3% higher in trading.

Shares in Aryzta ended 3.3% higher after it confirmed on Monday morning it received a non-binding letter from equity fund Elliott in which it proposed making an offer at CHF 0.80 per share, which values the Swiss-Irish bakery products firm at around €735m. 

It comes after the share price rose sharply on F riday as Bloomberg reported that billionaire Paul Singer’s Elliott Management had made a fresh takeover bid for the ailing baking company at an offer of Swiss franc 0.80 per share.