In a bid to head off stakeholder dissent, the Nisa-Today board has
offered members of its buying group a controlling share in the
merger deal with convenience chain Costcutter.
Consolidation in the European fats business likely as Aarhus United
shareholders yesterday clear the way for the merger with number one
Scandinavian fats and oils firms Karlshamns, reports Lindsey
Partos.
Barry Callebaut announced today that it has suspended efforts to
take full control of Stollwerck after minority shareholders in the
German firm filed a lawsuit against a proposed squeeze-out.
Barry Callebaut completes its takeover of Stollwerck with an offer
of €295 per share for the remaining 3.9 per cent. The Swiss firm
said it would welcome investment from former Stollwerck
shareholders in its ongoing business.