Booker and Budgen still talking
BOOKER is still in talks about the reverse takeover of Budgens, the supermarket chain that it once owned.
It had been hoping to make the announcement alongside its interim results. These are expected to show profits almost halved from a previous £22 million.
An announcement on the merger is now expected next week.
- Booker confims Budgen is in its sights, FWi, 8 September, 1998
- Booker to release details of merger talks, FWi, 7 September, 1998
- Booker share surge on bid speculation, FWi, 11 August, 1998
- Financial Times 10/09/98 page 32 (News Digest)