Dutch engineering group Stork is no longer ruling out selling its food machinery division to Icelandic group Marel, the Financieele Dagblad reports on Thursday.
Marel is part of the LME consortium which has built up a 43% stake in the Dutch firm, thwarting a takeover by UK private equity group Candover.
‘LME has bought a seat at the negotiating table,’ one Stork source told the paper. Candover has offered €47 a share for Stork.
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