Source - Alliance News
Roebuck Food Group PLC - Newry, Northern Ireland-based protein and product sourcing company - At extraordinary general meeting, shareholders approve completing the acquisition of food and food ingredient distribution firm Moorhead & McGavin Ltd, as announced earlier this month. Says acquisition will now take place within seven working days.
In early November, Roebuck Food said it agreed to buy Moorhead & McGavin for £2.2 million. Roebuck said it will pay £2.2 million for Moorhead. This includes £2.1 million payable in cash and £150,000 through the issue of new shares.
Current stock price: 14.00p, untraded
12-month change: up 7.7%
Copyright 2023 Alliance News Ltd. All Rights Reserved.