Greencore buys Uniq for £113m

Greencore has agreed the £113m takeover of food company Uniq.

The Irish food company said said it would pay Uniq shareholders 96p a share.

Uniq makes chilled pre-prepared meals as well as sandwiches for the likes of M&S.

Dublin-based Greencore earlier this failed in its bid to merge with Northern Foods.

It will pay for Uniq partly through a rights issue as well as an expanded debt facility.