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Troubled chilled foods firm Bakkav?r could be target for takeover, say financial analysts
date:May 31, 2012
Shore Capital analyst Darren Shirley told FoodManufacture.co.uk: It was not unreasonable to assert that Bakkavr might feature in industry reorganisation. He said the firm was in a similar position to Northern Foods a few years back. 2 Sisters Group acquired Northern in 2011 for 342M.

However, Julian Wild, food group director for legal firm Rollits, poured scorn on such speculation. He argued that, although the Icelandic firm was still plagued by a high debt burden, the peak of its problems ca

12/19 05:41