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Boparan - comment

We expect Boparan to eventually sell the Meals and Bakery business. The rescue of Roberts Bakery by the Boparan Private Office suggests a possible home. We do not think this is imminent, as it would be a rabbit for Ranjit to pull out of the hat at some future date (maybe near the next refinance).

https://www.thegrocer.co.uk/news/roberts-bakery-seals-rescue-deal-saving-more-than-400-jobs/710613.article

Aengus McMahon15 October 2025BOPARAN
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Aengus McMahon15 October 2025OCADO
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Isabel Marant - comment

Tomás Mannion15 October 2025ISABEL MARANT
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