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Randotte agrees deal for Lees Foods

By BFN News | 09:19 AM | Tuesday 10 April, 2012

Randotte has agreed a £5.6m deal for Lees Foods. The recommended 230p per share offer represents a premium of approximately 12.5% to the volume weighted average closing price for the past six months. Randotte is a private limited company incorporated in Scotland on 10 February 2012 and formed specifically for the purposes of the acquisition. The directors of Randotte are also all of the directors of Lees. At 9:19am: (LON:LEE) share price was +6p at 230p Story provided by