Greencore sells U.S. business for $1 billion [Reuters]
GREENCORE GROUP PLC S/ADR (GNCGY)
NASDAQ:AMEX Investor Relations:
greencore.com/investor-relations
Company Research
Source: Reuters
Greencore sells U.S. business for $1 billion | Reuters 2 Min Read DUBLIN (Reuters) - Greencore Group, Britain’s biggest sandwich maker, on Monday said it had sold its U.S. business for just over $1 billion, two years after it made a major acquisition in a bid to transform its U.S. operations. Greencore’s U.S. business produces sandwiches, salads, sushi and deserts for customers including Starbucks and the 7-Eleven convenience store. In 2016 it purchased Illinois-based Peacock, which produces frozen breakfast sandwiches, snack kits for children and salad packs, among other items, for $747.5 million. Greencore said in a statement it had agreed to sell its U.S. business to Hearthside Food Solutions for $1.075 billion. It said it would distribute 509 million pounds ($668 million) in cash to shareholders and shift its full focus to developing its British business. “We have always had a firm conviction on the underlying value and growth prospects of our U.S. business and believe that this o
Show less
Read more
Impact Snapshot
Event Time:
GNCGY
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
GNCGY alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
GNCGY alerts
High impacting GREENCORE GROUP PLC S/ADR news events
Weekly update
A roundup of the hottest topics