Greencore to acquire Bakkavor for $1.6bn.

Greencore, a manufacturer of convenience food, to acquire Bakkavor, an international food manufacturing company specialising in fresh prepared foods, for $1.6bn. Greencore has offered to buy Bakkavor for £2 per share in a cash and stock deal, after being rebuffed twice, at a premium of nearly 6% to its last bid of £1.89.