BUZZ-Middleby's board considers strategic options, share up

Reuters

2025/01/28

** 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))

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