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22-02-2019, 02:35 PM
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Senior Member
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Hell of time to buy
Canada, but good luck. [Cathedral City cheese maker Dairy Crest has agreed to a takeover by a Canadian firm in a deal worth nearly £1bn. Saputo, one of the world's biggest dairy processors, will pay 620p a share, valuing the the UK company at £975m. Dairy Crest, whose other brands include Country Life butter, Utterly Butterly and Clover spread, saw its shares surge by 12.9% after the proposed sale was announced.] https://news.sky.com/story/cathedral...t-1bn-11644605 |
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Cathedral City maker Dairy Crest to be sold to Canadian firm for almost £1bn
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