Management should stick to Plan A

first_img Share whatsapp Wednesday 22 December 2010 7:44 pm by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailNoteabley25 Funny Notes Written By StrangersNoteableySerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesBrake For ItThe Most Worthless Cars Ever MadeBrake For ItBetterBe20 Stunning Female AthletesBetterBeMagellan TimesThis Is Why The Roy Rogers Museum Has Been Closed For GoodMagellan TimesElite HeraldExperts Discover Girl Born From Two Different SpeciesElite Herald Management should stick to Plan A Show Comments ▼center_img RANJIT Boparan’s plan to bid for Northern Foods might be audacious, but the odds are stacked against it. An already-planned merger between Northern Foods and Irish rival Greencore is still the best deal on the table. The marriage of Northern and Greencore – the two leading chilled players in the UK market – would bring significant benefits; cost synergies are expected to total some £40m. However, the main advantage would be the extra clout that the pair could expect as the number one player in private label ready meals. Currently, the market is too fragmented; smallish firms lack the scale required to extract a decent return from increasingly powerful supermarkets. As a specialist in raw – rather than prepared – chicken, Boparan’s 2 Sisters food would be a less suitable partner; the synergies would be smaller and the bargaining power less strong. It could also struggle to swallow Northern’s £140m pension deficit, which is one of the key parts of its merger structure with Greencore. For that reason, management should stick with Plan A. KCS-content More From Our Partners Russell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comFans call out hypocrisy as Tebow returns to NFL while Kaepernick is still outthegrio.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgFort Bragg soldier accused of killing another servicewoman over exthegrio.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgPorsha Williams engaged to ex-husband of ‘RHOA’ co-star Falynn Guobadiathegrio.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgKansas coach fired for using N-word toward Black playerthegrio.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.org whatsapp Tags: NULLlast_img

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