MARC HASENFUSS: Pioneer’s fizzy rumours
Could Pioneer be making a bid for another food producer?
The cautionary notices from consumer brands giant Pioneer Foods and its major shareholder Zeder Investments pepped up things in the market earlier this week. I must confess I have no "well-informed speculation" to work from, and there is a surfeit of possible scenarios that might play out.
So, perhaps I should work backwards, by ruling out unlikely scenarios...