Hong Kong-based activist investor Oasis has increased its stake in Greencore, a Dublin-headquartered convenience food manufacturer known for producing 779mn sandwiches last year and generating nearly £2bn in revenues. Despite these significant production and revenue figures, Greencore's share price remains near pandemic lows, and the company has yet to restore its dividend. This move by Oasis signals a potential shake-up for Greencore, aiming to address its underperforming share price and financial strategies.
The Boston Market downfall is a wild story. @jonathanmaze has been covering it extensively since the purchase, bankruptcies, etc. Great reporting but what a sad outcome for a once amazing brand. https://t.co/z4hUiVjghk
Activist investor Oasis Management has taken a stake in Greencore, the Dublin-headquartered convenience food manufacturer, raising the prospect of a shake-up https://t.co/KaSmf99y8X
🥪🥪🥪Hong Kong-based activist investor Oasis is targeting your meal deal🥪🥪🥪 Last year Greencore produced 779mn sandwiches and nearly £2bn in revenues but the share price is still languishing near pandemic lows and the group has not restored its dividend W/ @SpeedMaddie https://t.co/DIBYgY5F7r
Activist investor Oasis builds stake in sandwich maker Greencore, via @mroliverbarnes @SpeedMaddie @FT #HedgeFunds #ActivistInvestor https://t.co/6Inkf0YIiq
Activist investor Oasis builds stake in sandwich maker Greencore https://t.co/GyCXvIItQo
How Morrisons' debt crisis made it a supermarket loser - @hannaheboland and I dig into the worsening finances of the Bradford-based grocer arehttps://www.telegraph.co.uk/business/2024/03/14/how-morrisons-debt-crisis-made-supermarket-loser/