Germans pounce on sausage casing maker Devro with £540 million takeover bid

It's been a while since the London market has seen a fresh recommended offer so it was good to see one on the tape this morning.

Saria, a family controlled German company that provides services in the food and agricultural sectors, is paying 316.1p a share (or £540 million) in cash for Devro, the London-listed maker of sausage casings...