Stork talks with LME and Candover continue

Engineering group Stork, Icelandic consortium LME and British investment house Candover are to continue their talks on the possible takeover of the Dutch firm after failing to reach a deal at the weekend, says the Financieele Dagblad.

Candover and LME want to break up the Dutch group.
‘It is more complicated than we thought,’ one insider told the paper. Apart from issues such as pensions there are also competition considerations.
If the Icelandic group Marel takes over Stork’s chicken-killing systems, it will have a too-dominant position on the European food machinery market, the paper says.

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