Greencore has received clearance in principle from the UK competition watchdog to proceed with its €1.36 billion takeover of rival, Bakkavor.
Greencore, the sandwiches and ready meals maker, has received clearance in principle from the UK competition watchdog to proceed with its £1.2 billion (€1.36 billion) takeover of Bakkavor, after offering to sell its Bristol manufacturing plant.
The Bristol facility makes chilled sauces and soups and generated £47 million of revenues for the financial year to the end of September – ab
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