A court has cleared the proposed management buy-out of UK snack maker Lees Foods. The takeover, first put forward in April, had been delayed after some investors argued the GBP5.6m (US$8.8m) bid the directors made for Lees under-valued ...
Tags: Lees Foods, snack maker, shareholder
A£5.6m management buyout of UK-based confectionery firm Lees Foods has been approved following a court hearing. The acquisition was delayed after shareholders expressed concern that the offer of 230p-a-share deal was too low. ...
Tags: acquisition, shareholders, court hearing
Sainsbury's chief executive Justin King this week welcomed moves from its UK retail rivals to invest in product quality and service after the retailer reported an increase in annual underlying profits. Also in the UK, the Government ...