Confex members to become shareholders

Date: November 11, 2019Leave a comment

Confex, which has been run as a family-owned business since it was founded in 1972, is radically changing its corporate structure. From 1 January 2020, the 220 members will become […]

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All-clear given for the Co-op’s takeover of Nisa

Date: April 26, 2018Leave a comment

Almost six months after Nisa retailers voted for the Co-op to take over the symbol/wholesale company, the £137.5 million deal has been approved by the Competition & Markets Authority. The […]

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Nisa shareholders vote in favour of takeover by the Co-op

Date: November 14, 2017Leave a comment

Shareholders in Nisa Retail have voted in favour of The Co-op Group’s offer to buy the chain for £137.5 million. Members voted 75.79% in favour and 24.21% against the proposed […]

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Nisa board recommends £137.5m Co-op offer to members

Date: October 10, 2017Leave a comment

The board of Nisa Retail has unanimously recommended to its shareholders an offer of up to £137.5 million from The Co-op Group. The Co-op Group’s offer to buy 100% of […]

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Sysco directors express caution about Brakes Group

Date: August 19, 2016Leave a comment

Sysco Corporation, the giant Houston, Texas, company whose $2.2bn takeover of Brakes Group was recently completed, is asking shareholders to be patient in their expectations of the new acquisition. In […]

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