More regarding Marie sale28 Apr 2009 12:40
Courtesy of ADVFN...
http://www.bolsamania.fr/analyses/analisis.php?origen=feed_boursier.noticias&id=330221&isin=FR0000053829&Sesion_BolsamaniaFR=te06vvkdcn4hm2al2q0n0imef7
Translation :-
27/04/2009 - 12:38 - Portzamparc adopt a more aggressive recommendation LDC, from "hold" to "strengthen" after the announcement of negotiations for the takeover of the group arrived, who makes 561 million euros of annual turnover, 75% in poultry. A strategic interest to the general, according to the specialist, including advancing the complementary products and the prospect of increased market share to 30% French. Portzamparc added to evaluate the purchase price to 80 / 100 million euros.
"In a context of concentration in the industry, LDC may also be interested in Marie, a subsidiary of British group Uniq for his catering business (48% of sales under the names Mary, Luang, Weight Watchers, and MDD)," the office studies, while its parent company announced its intent to sell. "The acquisition would give the group reached a new dimension to the group that benefits from the economic crisis and its financial capabilities to seize opportunities. At this stage we are not external growth in our forecast. However, the acquisition likely Arrived group provides an attractive title and speculative to justify changing our recommendation from Hold to strengthen, "concludes the analyst Sonia Papillon.