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Hillsdown is to be acquired by Hicks Muse Tate & Furst of the US in a £822m deal as Candover has withdrawn from the bidding, and Hicks Muse is expected to sell the poultry division. 04-Jun-1999 Hillsdown has received a £816m takeover offer from the Candover venture capital group, which beats a rival bid from Hicks Muse Tate & Furst of the US. 29-May-1999 Hillsdown has received a £464m takeover approach from Hicks, Muse, Tate & Furst, the US private equity company, but Hillsdown's executive directors are said to be preparing a management buy-out to top the offer. 15-May-1999 Hillsdown is acquiring Boin, the French jam manufacturer, for undisclosed terms. 11-May-1999 Hillsdown has sold Holco, its Dutch canning business, to a management team, and proceeds will be used to reduce debt. 09-Mar-1999 Hillsdown is selling its Continental Bakeries biscuit manufacturing business to a new company created by the venture capitalist Industri Kapital for £42m. 09-Feb-1999 Hillsdown is selling its Ross Breeders poultry business to the venture capitalist BC Partners for £100m, but is no longer actively looking to sell its potato packing business. 08-Dec-1998 Hillsdown is negotiating the sale of its Ross Breeders poultry business to BC Partners, the venture capital company, for about £100m. 03-Nov-1998 Hillsdown has confirmed that it is planning to demerge its Fairview Homes housebuilding business and its chilled foods operations, and listing details are being sent out to shareholders. 31-Aug-1998 Unigate has withdrawn from negotiations to acquire Hillsdown, the food and housebuilding conglomerate, for £1.6bn, apparently due to doubts about Hillsdown's future prospects. 29-May-1998 Unigate is still interested in acquiring part or all of Hillsdown, the conglomerate that is planning a demerger, despite the rejection of its £1.5bn takeover offer. 19-May-1998 Hillsdown has confirmed plans to restructure the group, which will result in the demerger of its housebuilding and chilled foods businesses, and the sale of a number of other activities such as biscuits, potatoes, chickens, eggs, poultry breeding, wines and spirits, and furniture. 09-May-1998 Hillsdown, the food, furniture and housebuilding group, is to undergo a review to determine how to improve shareholder value, which could result in the disposal of non-food businesses. 06-Mar-1998 Hillsdown is selling seven food products and packaging businesses to Cinven, the venture capital concern, for £53.6m, following its decision to exit from red meat and focus on poultry, chilled and ambient foods. 01-Oct-1997 Hillsdown is looking to sell its remaining red meat businesses, including Tendercut, Fairfax Meadow and Towers Thompson, in order to focus on chilled foods, ambient foods and poultry. 05-Sep-1997 Princes, the Mitsubishi subsidiary, has acquired the Barber Springdale soft drinks business from Hillsdown, which has assets of £13.6m. 14-Jun-1997 Dailycer, the UK breakfast cereal division of Bols Wessanen of the Netherlands, is acquiring Barber Chestergate, the breakfast cereal company, from Hillsdown Holdings for undisclosed terms. 28-Dec-1996 Hillsdown Holdings is to acquire the remaining 9.8% of Strong & Fisher, the rendering and tanning business, for about £4m. 22-Oct-1996 Hillsdown Holdings is buying Continental Bakeries, the European biscuit maker, from Allied Domecq for £49m. 22-May-1996 Hillsdown Holdings' HL Foods subsidiary is to buy the UK canning operations of Groupe Danone's HP Foods, including the North Walsham factory but not the HP Sauce brand. 21-Mar-1996 Hillsdown is discussing the acquisition of Continental Bakeries, Allied Domecq's European biscuit business, for about £50m. 14-Mar-1996 Hillsdown has denied it is interested in bidding for Geest. 08-Mar-1996 Unigate is in discussions to buy Hillsdown's Harris pig meat operation for £11m. 28-Feb-1996 Unigate is said to be discussing the purchase of the Harris Pork and Bacon Group from Hillsdown. 03-Feb-1996 Hillsdown has bought Nager Holdings, which gives it 91% of Hobson, the food and drink concern. 16-Jan-1996 Hillsdown is buying Hobson, the ex-CWS own-label food and drink maker, for £121m. 14-Dec-1995 Hillsdown is actively looking for acquisitions and is improving its production facilities at Pinneys in Scotland. 15-Sep-1995
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