Kerry Group shares hit record high on DuPont takeover talk
Tralee-based company could double in size with acquisition of US group's ingredients division
Kerry Group shares hit an all-time high yesterday as markets digested a positive trading statement from the ingredients maker,writes Ian Guider.
The company, whose brands include Denny, Dairygold and Cheesestrings, said that performance so far this year was on track and earnings will hit its previous forecast of rising by as much as 9 per cent compared with last year.
The statement made no mention of a potentially transformational deal that could double ...