Booker confirms Budgens in its sights


08 September 1998


Booker confirms Budgens in its sights


BOOKER has confirmed it is in merger talks with Budgens. The food conglomerate is understood to be negotiating a reverse takeover of Budgens in an all-share deal.

Bookers salmon, chicken and food processing divisions are expected to be sold off if the merger goes ahead. Booker was in talks with Somerfield, the supermarket group, about a possible merger just over 11 days ago.

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