Dairy Crest has signed the Sale and Purchase Agreement for the sale of St Hubert for 430m euros, following the completion of the consultation process with the French Works Council.
The sale is now reliant on approval from Dairy Crest shareholders and clearance from the French Anti-Trust Authority.
Subscribe to MoneyWeek
Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE
Sign up to Money Morning
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
-
Oil price stays steady as tensions in Middle East boils overOil prices surged after Israel's attack on Iran, but the global market for the commodity is forecast to remain well-supplied until 2030
-
Israel attacks Iran – will the US join the conflict?Opinion The two countries have been exchanging fire since Israel launched air strikes against Iranian nuclear facilities and infrastructure on Friday 13 June. But without US involvement, it may only have created a “wounded big beast”
