Loading Follow Feed Follow NFDS. Real-Time news about Nthn. Foods London Stock Exchange : 0 recent articles. More Northern Foods News. View all Northern Foods trades in real-time. They recently bought into energy drinks. Read Full Thread. Northern Foods share price data is direct from the London Stock Exchange. Advertise Here. Greencore is expected to issue a statement to the market this morning, saying it is considering its options. The Greencore board is holding talks with its advisers, including Barclays Capital, and is understood to be looking at how it might improve its offer by including a cash component.
Any counter-bid will be launched within the next 28 days, the deadline for Boparan to put out a formal offer document to Northern's shareholders. Boparan's intervention comes as a bitter blow to Greencore, which may itself become a takeover target if its hopes of salvaging the merger with Northern come to nothing.
However, questions remain about some aspects of the deal. Details of an agreement struck between the poultry baron and the trustees of Northern's pension fund have not been disclosed. It is understood the proposed takeover has not yet been cleared by the Pensions Regulator. Boparan is part-funding the deal from resources within his own private business empire and has lined up a credit facility with Goldman Sachs to cover the remainder.
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We do not allow any commercial relationship to affect our editorial independence. No comments have so far been submitted. Why not be the first to send us your thoughts, or debate this issue live on our message boards. How we can help Contact us. Can Britain keep up in the race to build green tech? Aegis upgraded to buy from neutral at BA-Merrill Lynch. Afren started with buy rating at UniCredit, target price Northern Foods reported like-for-like sales growth of 2. Profit from operations for the six months to October was Northern Foods said its first-half like for like sales were up by 3.
In an interim management statement ahead of its results, Northern said Q2 like Northern Foods says it will issue an interim management statement on Tuesday, October 5, and announce its results for the first half on Tuesday, November 9. Story provided by StockMarketWire. Stefan Barden, Chief Executive Officer, has transferred in , shares in the company on the 3rd September at a price of 0. The Director now holds 2,, shares. NOTE: Story Stefan Barden, Chief Executive Officer, sold , shares in the company on the 3rd September at a price of NOTE: Story provided by Part of the Stefan Barden, Chief Executive Officer, has transferred in , shares in the company on the 21st July at a price of 0.
NOTE: Story provided Stefan Barden, Chief Executive Officer, sold , shares in the company on the 21st July at a price of Stefan Barden, Chief Executive Officer, sold 16, shares in the company on the 21st July at a price of Norther Foods has reported that like-for-like sales for the first quarter to 3 July were 1.
Chilled like for like sales were up Northern Foods said it traded as expected in challenging conditions in the quarter to 3rd July, with like for like sales 1.
Chilled foods like for like sales were up Northern Foods is to close its Ethnic Cuisine ready meals plant after talks with its main customer failed to gain better terms for the products. The group, which acquired the struggling Swansea Sandra was was the Commercial Director of Tesco Ireland, the number one grocery Northern Foods said its like for like sales for the full year are up 1. In its fourth-quarter interim management statement, the group says like for like sales in the Northern Foods said it continued to trade in line with market expectations following a 'solid' Christmas performance.
Northern Foods reported a 2. Story provided Rolls-Royce upgraded to buy from hold at Citigroup, target price raised to p from p. Northern Foods cut to sell from hold at Panmure Gordon after trading statement, target price lowered to Northern Foods cut to sell from hold at Panmure Gordon after trading statement, target price lowered to 60p from 63p.
BP downgraded to hold from buy at RBS. Carillion upgraded to buy from add at While the group expects to deliver full-year results in line with market Northern Foods, which makes own brand food products for the retail market, said today for the half-year to 26th September results will be consistent with management expectations. Group like for Recommends switching into Dairy Crest. Andrew Booker is to step down as group finance director of Northern Foods after December He will be replaced by Simon Herrick, currently finance director of Kesa Electricals.
Northern Foods reports continuing progress in competitive conditions with like-for-like sales up 5. The Group says that expectations for sales and EPS outlook is dull on a 2 year view so that high yield is the chief merit.
However, management guided analysts to expect broadly flat EBIT in Pizzas and Christmas pudding maker Northern Foods said revenue increased by 4. Bodycote, Provident Financial and Weir Group added to key sells. Connaught cut to add from buy at Numis, target price remains p. Chloride upgraded to add from It has been announced that Andrew Booker, Financial Director has bought 50, shares in the company on the 27th March at a price of Andrew Booker now holds , shares It has been announced that Stefan Barden, CEO has bought , shares in the company on the 27th March at a price of
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