Real Good Food's future at threat as JF Renshaw put on review
Real Good Food has sold the cake decorations unit Rainbow Dust Colours and put the remaining part of the UK business up for strategic review.
Source: just-food.com
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Investegate |Real Good Food PLC Announcements | Real Good Food PLC: Disposal, Notice of GM and Trading Update
Disposal of Brighter Foods Limited, Notice of General Meeting and Trading Update Real Good Food plc, (AIM: RGD) the diversified food business, announces that it and the Managers have conditionally agreed to sell the entire issued share capital of Brighter Foods Limited for an aggregate cash consideration of £43.0 million on a cash free/debt free basis to THG plc ("THG"). RGF, through its subsidiary NBF, has an interest in 84.334 per cent. of the issued share capital of Brighter Foods Limited with the balance owned by Brighter's Managers. The Group will therefore receive ...
Source: investegate.co.uk