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Business & Economics

Greencore, Bakkavor secure extension to deal talks

GlobalData
Summary
Nutrition label

75% Informative

Greencore and Bakkavor have been given more time to continue talks over a possible 1.2bn ($ 1.57bn ) takeover bid.

The two UK manufacturers said their boards had “reached an agreement in principle’s latest offer for its ready-meals peer after seeing two bids rejected.

Greencore had until 17:00 UK today ( 11 April ) to announce whether it would make a firm bid.

VR Score

67

Informative language

58

Neutral language

91

Article tone

formal

Language

English

Language complexity

50

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

Source diversity

1

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