The pricetag at Uniq's troubled pork processing subsidiary Malton is understood to have fallen to £20m, a fraction of its asset value and less than half the figure touted by analysts when it went on the market in May. Negotiations are said to be back on track with Scottish agribusiness and food processor Grampian Country Foods, which has emerged as the favourite after several months of protracted discussions. Analysts had voiced concerns about Grampian's ability to find the money but said a £20m tag would put Malton within its reach. Grampian is highly geared and more constrained than other potential buyers, said one analyst. However, Uniq is obviously keen to move on. "The price tag would have been in three figures a year or so ago," said one commentator. {{NEWS }}

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