Greencore Considers Bid for Food Group Uniq, Telegraph Reports

Greencore Group Plc (GNC), the Irish food company, is considering a bid for rival Uniq Plc (UNIQ), the Sunday Telegraph reported.

Greencore, based in Dublin, is working with Barclays Capital to study a possible acquisition of all or part of Uniq in a deal that may value the food group at about 100 million pounds ($167 million), the London-based newspaper said. Greencore declined to comment, it said.

To contact the reporter on this story: Zijing Wu in London at zwu17@bloomberg.net.

To contact the editor responsible for this story: Jeff St.Onge at jstonge@bloomberg.net.

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