Middleby's board considers strategic options, share up
27/01/2025 16:43
** Food processing equipment maker Middleby's shares
MIDD.O up ~3% at $174.55
** Co says it is considering a broad range of strategic
options including a potential separation of either or both of
its food processing and residential kitchen business units
** Company says strategic review is in advanced stages and
expects to reach a conclusion within the next few months
** Including session's move, shares up ~30% YTD
(Reporting by Rupali Chaudhary in Bengaluru)
((Rupali.Chaudhary@thomsonreuters.com))