Moneybags

ARYZTA’S SLOW RECOVERY REFLECTED IN SHARE PRICE

Date: October 16, 2019 - Moneybags

Kevin Toland

Kevin Toland


IT HAS never been explained why former Aryzta CEO Owen Killian bought a minority 47.8% stake in French frozen foods retailer Picard, for a huge €447m in August 2015, given that this acquisition made no strategic sense for the group, which has no retailing skills or knowledge. The deal proved to be sorely ill-advised, with… Read more »

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