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The FTSE 250 firm said the latest bid of £1.14billion 'significantly undervalued the company and its future prospects'.

The comments came after figures showed the economy shrank by 0.1 per cent in January as business reeled from the £40billion ...

Dublin-headquartered Greencore has failed in its approach for Bakkavor aimed at creating an enlarged manufacturing group with ...

Bakkavor has rejected a £1.1bn takeover bid from rival Greencore, a move that would have created a food giant with a combined ...

Bakkavor Group Plc rejected a cash and stock bid from Irish convenience food manufacturer Greencore Group Plc valuing the ...

Greencore’s takeover bids undervalue its business. Earlier today, Ireland-based Greencore revealed it had tabled two offers ...

Greencore proposed paying 85 pence in cash and 0.523 Greencore shares for each Bakkavor share ...

Greencore argues bringing the two own-label suppliers together would create “a leading UK convenience-food business”.

Britain's Bakkavor has rejected two bids from Greencore to buy it, the latest of which would have valued the food manufacturer at 1.14 billion pounds ($1.48 billion), the companies said on Friday.

UK food company Greencore said two bids it made for rival Bakkavor - the second worth £1.13bn - had been rejected.