Inside food & drink manufacturing
The battle between food titans Greencore and Ranjit Boparan to take over Northern Foods could still go right to the wire, despite the expiry today of a deadline set by the latter for Northern's shareholders to formally accept his bid.
The GMB union has accused Longbenton Foods bosses of treating workers disgracefully as uncertainty over jobs at the firm’s Tyneside factory continues.
Ranjit Boparan has failed to secure a controlling stake in Northern Foods that will guarantee the immediate success of his takeover bid, after revealing last night that 23.03% of Northern shareholders accepted his offer, but remains in pole position to...