A Bestway spokesman said that it had received no new indication that the group was ready to entertain a bid. However, he added: "We are still interested, but they said they were doing due diligence and nothing has changed."
Sources close to Nisa-Today's denied any involvement in current takeover talks with Bestway.
Bestway sent an informal letter of interest to Nisa-Today's in May this year, but was rebuffed by the organisation, which said it was engaged in due diligence for its proposed merger with Costcutter. The due diligence process is expected to be completed by next month.
Bestway's most recent acquisition was the purchase of rival Batley's for £100m in January 2005. The merger moved Bestway into fourth place in our January The Big 30 wholesaler rankings, with turnover of £1.3m, making it the UK's second largest C&C.
Separately, Costcutter has denied rumours that shifting its HQ from Dunnington in York to Nisa-Today's Scunthorpe base was ever discussed as part of the merger proposals.
Nisa-Today's also said reports were inaccurate that the Nisa Members Association had issued a High Court injunction forcing the Nisa-Today's board to freeze the sale and leaseback of its Scunthorpe ambient warehouse. It said the board meeting on 10 August had made the sale and leaseback part of the merger, as it had always meant to do.