Logistics Development Group PLC - investment firm - Says it has bought an additional 4.4 million shares in Finsbury Food Group PLC at GBP1.098 per share, for a total of GBP4.8 million. Says it is now.
Fidelity International, which owns 10% of the London-listed cake maker, will oppose a recommended 110p-a-share takeover by DBAY Advisors, Sky News learns.
PRESS: Fidelity to oppose Finsbury Food Group offer terms, Sky lse.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from lse.co.uk Daily Mail and Mail on Sunday newspapers.
One of the City s most influential investors is resisting a recommended takeover of Finsbury Food Group PLC, according to Sky News.
Sky said that Fidelity International, which holds a 10% stake in.