NL - Candover extends acceptance period for Stork bid

Candover has extended the acceptance period for its EUR 1.5 bn Stork bid until September 18 in the face of shareholder opposition. LME Eignarhaldsfelag ehf, a holding company of Icelandic food processing group Marel , has recently raised its stake in Stork to over 43 percent, and has announced that it does not intend to tender its shares. Marel has long been trying to acquire Stork's food systems unit with no success.