Stelios Kanakis (KANAK.AT), the Greek distributor of ingredients for confectionery and bakery products, made an announcement a couple of days ago that it is being acquired. The buyer is Norwegian company Orkla Food Ingredients. The acquisition will take place via a tender offer and the price offered to shareholders is €4.36. This values the entire […]
I’ve taken a speculative position in Cambria Africa (LON:CMB). Cambria Africa is an investment company that is building a portfolio of investments primarily in Zimbabwe (I know, hold on!). The company is listed on the AIM market in London.
This post is mainly for Dutch readers. I’m writing it in English, because I’m much more familiar with English accounting terms than the Dutch terms. Perhaps the post is of some interest to non-Dutch readers as well. I think you need a Dutch bank account to be able to buy this stock. Also, trading in […]
On October 25, 2016 Kuala Lumpur Kepong Berhad (KLSE:KLK), a Malaysian plantation company, made an offer of 640 pence for U.K. listed M.P. Evans Group PLC (LON:MPE), which is also in the oil palm and rubber plantation business. The original offer represented a premium of 51% of the trading price at that time. The board […]
Stelios Kanakis (KANAK.AT), a Greek distributor of raw materials for confectionery, bakery and ice cream products, has reported results for 2016 yesterday. Stelios Kanakis is the exclusive distributor in Greece for a number of high quality brands, like Fabbri 1905. It also offers demonstrations and training for bakery professionals for using these products from its […]