UK markets closed
  • FTSE 100

    6,735.71
    -66.25 (-0.97%)
     
  • FTSE 250

    20,615.59
    -160.16 (-0.77%)
     
  • AIM

    1,173.12
    -10.50 (-0.89%)
     
  • GBP/EUR

    1.1248
    -0.0014 (-0.12%)
     
  • GBP/USD

    1.3583
    -0.0108 (-0.79%)
     
  • BTC-GBP

    26,433.13
    +41.84 (+0.16%)
     
  • CMC Crypto 200

    701.93
    -33.21 (-4.52%)
     
  • S&P 500

    3,768.25
    -27.29 (-0.72%)
     
  • DOW

    30,814.26
    -177.26 (-0.57%)
     
  • CRUDE OIL

    52.04
    -1.53 (-2.86%)
     
  • GOLD FUTURES

    1,827.70
    -23.70 (-1.28%)
     
  • NIKKEI 225

    28,519.18
    -179.08 (-0.62%)
     
  • HANG SENG

    28,573.86
    +77.00 (+0.27%)
     
  • DAX

    13,787.73
    -200.97 (-1.44%)
     
  • CAC 40

    5,611.69
    -69.45 (-1.22%)
     

Cranswick in talks to buy Harringtons owner Inspired Pet Nutrition

·1-min read

(Reuters) - Cranswick Plc on Wednesday confirmed it was in talks to buy pet food brand Inspired Pet Nutrition as the meat processor looks to expand its dog food operations.

The company, which houses brands like Simply Sausages, Woodall's and Yorkshire Baker, said it intends to raise equity of less than 10% of its share capital to partly finance the deal, if it goes through.

Cranswick's confirmation comes after Sky News reported https://news.sky.com/story/food-producer-cranswick-hungry-to-devour-petfood-group-ipn-12164003 that the London-listed company was among the final bidders for the owner of the Harringtons and Wagg brands.

(Reporting by Priyanshi Mandhan in Bengaluru; Editing by Vinay Dwivedi)