Greencore Group

Big news today, first interim results which showed good sales and profits! Then takeover news of UNIQ and as a result the sp of UNIQ shares went up 22% and Greencore went down 11%!  Acquisition to be funded through a fully underwritten 5 for 6 rights issue at €0.46 per share to raise approximately €80.2 million, and a new debt facility. The Prospectus will be posted to Greencore Shareholders on or about 15 July 2011. Its all shaping up to be rather interesting!