Aryzta agrees sale of remaining Picard stake

Updated / Monday, 4 Jan 2021 17:26 The group expects the transaction to close early in the first quarter of 2021. Irish-Swiss bakery firm Aryzta has said it has reached agreement with Lion Capital and Invest Group Zouari to sell its remaining 4.64% interest in French frozen foods group Picard for €24m. The group behind the…Continue Reading

Aryzta confirms it has received takeover approaches

Updated / Monday, 20 Jul 2020 18:47 Aryzta is the maker of Cuisine de France bread Irish-Swiss food group Aryzta has delayed its proposed extraordinary shareholders meeting after receiving unsolicited takeover approaches by investors. The group, which is being targeted by activist investors Veraison and Cobas Asset Management, pushed back its EGM to16 September which…Continue Reading