East Kilbride, Scotland: Robert Wiseman, Britain’s biggest fresh milk company, has confirmed it is subject to a possible takeover bid by Müller Dairy. Wiseman’s announcement that it is in discussions with Muller over a possible cash offer follows a rise in Wiseman’s share price.
Müller Dairy (UK) is a wholly owned subsidiary of German-based Muller, a multinational producer of dairy products. Müller Dairy has until 10 February to confirm its intentions regarding an offer. Robert Wiseman provides about 30% of the fresh milk consumed in the UK.
