Comment: Buyers circle for tasty Dairygold spin-off

Dairygold chief executive Jerry Henchy will have plenty to ponder as he assesses a takeover approach made by a private equity house to buy Breeo, the consumer foods division of Dairygold spin-off Reox Holdings.

6th October, 2007

Dairygold chief executive Jerry Henchy will have plenty to ponder as he assesses a takeover approach made by a private equity house to buy Breeo, the consumer foods division of Dairygold spin-off Reox Holdings.

Breeo includes well known retail brands like Galtee, Calvita and Shaws.

The takeover approach was made around one month ago and Reox is assessing its options. The bid was reported to be for around €200 million.

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