Booker to become public company again

The reverse takeover of Booker by Blueheath will enable Booker to become a public company again.
Booker became a private company two years ago after the Icelandic investment group Baugur bought Big Food Group and broke it up into its constituent parts of Booker, Iceland and Woodward Foodservice.
Blueheath is a plc quoted on the London Stock Exchange’s Aim (alternative investment market).
Booker chief executive Charles Wilson said the group had gone for a reverse takeover rather than a straight initial public offering in order to acquire Blueheath and a listing at the same time.
He told a conference call: “We want to broaden the business … to combine their delivery and technology with our scale, and I think Booker will do well on the public market.”

Get Our E-Newsletter - Wholesale News stories in your in-box, delivered weekly.
Will be used in accordance with our Privacy Policy
Share.

About The Author