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LSE:GNC.L 19 January 2026

Greencore share price jumps as Bakkavor takeover closes; GNC stock in focus ahead of Jan 29 update

Greencore share price jumps as Bakkavor takeover closes; GNC stock in focus ahead of Jan 29 update

Greencore shares rose 2% to 279p as 360 million new shares began trading in London after its £1.2 billion takeover of Bakkavor. Bakkavor was delisted, and its shareholders will receive cash, Greencore shares, and a contingent value right. Greencore now operates 36 sites with 28,000 employees. RBC Capital Markets raised its target price to 330p, citing expected cost synergies.
19 January 2026
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Stock Market Today

  • TIG Advisors Increases Stake in JTC plc to 1.48% via Derivatives
    June 25, 2026, 10:06 AM EDT. TIG Advisors, LLC, acting as discretionary investment manager for AlTi Global, Inc., disclosed an increase in its position in JTC plc securities to 1.48%. This holding corresponds to 2,590,926 derivative contracts, representing the firm's exposure after dealings on June 24, 2026. The filing under Rule 8.3 of the UK Takeover Code reveals TIG Advisors' continued strategic investment. The increase involved purchasing 13,700 units at a price of 1,321.00 pence each, boosting their long position. This disclosure ensures market transparency about substantial holdings in JTC plc ahead of any potential corporate actions or offers.

Latest News

SanDisk rally faces AI memory test after Micron earnings

Sandisk Move Impacts Micron Rally and Nasdaq-100 ETF Math

25 June 2026
Sandisk (NASDAQ:SNDK) surged 15.3% premarket to $2,206.75 after Micron’s strong memory outlook, adding about $940 million to QQQ’s Sandisk stake and boosting the ETF by 20 basis points; Citi raised its SNDK price target to $2,500, citing tight NAND supply, but analysts warn pricing power could fade if supply rebounds.
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