City snapshot: SHS Group tipped as winner of £50m Meridian auction

meridian peanut butter

Nut butter brand Meridian is closing in on a £50m takeover, with SHS Group as poised to win the highly competitive auction according to City insiders. Plus FeverTree surges on takeover whispers, ABF shares hit by sugar weakness and all the rest of the latest news from the City.

 

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