Premier Foods attempts to reassure the market following press reports

Premier Foods attempts to reassure market

By Rick Pendrous

Premier Foods has attempted to steady market jitters following press reports yesterday [June 29] suggesting it might be about to make a major change in direction following a ‘strategic review’ of its activities as its share price ‘languishes’.

Mondelēz International has abandoned its pursuit of Hershey

Mondelēz abandons pursuit of Hershey

By Matt Atherton

Mondelēz International has abandoned its pursuit of US confectionery giant Hershey, the company announced yesterday (August 29), after its $23bn (£18bn) offer was rejected.

The bidding battle for Premier Foods is hotting up

Bidding battle hots up for Premier Foods

By Michael Stones

The takeover bidding battle for Premier Foods is hotting up, with US spice and herb firm McCormick raising its bid from an initial 52p a share to 65p, valuing the Mr Kipling manufacturer at about £1.5bn.

Premier Foods said it would welcome an improved offer from McCormick or other potential suitors

Premier Foods takeover bid latest, as row deepens

By Michael Stones

Premier Foods would welcome an improved offer from US suitor, spice firm McCormick, or offers from other firms, the manufacturer has re-confirmed, while complaining about press reports which, it claimed, overstated its debt and pension deficit.

Is Hovis going west? California-based Gores Group has been linked to the acquisition of the 123-year old brand

Premier Foods Hovis brand linked to US buyer

By Michael Stones

Reports that Premier Foods could be about to sell its Hovis brand to the Los Angeles-based Gores Group have been welcomed by City analysts Shore Capital.

Premier Foods' plan to seek a financial partner for its bread business has divided City opinion

Premier Foods tight-lipped on bread sale

By Michael Stones

Premier Foods is remaining tight-lipped about reports that the Mexican bakery Grupo Bimbo may acquire its troubled bread division, as the firm’s short-term prospects divided City opinion.

Mark Allen earned £328,751 from the share sale to buy a new family home after his recent divorce

Dairy Crest boss sells shares after divorce

By Mike Stones

Dairy Crest chief executive Mark Allen has netted £328,751, after selling shares in the firm to fund the purchase of a new family home following his recent divorce.

Britvic is apparently having second thoughts about its plans to merge with AG Barr

Britvic may renegotiate or quit AG Barr merger deal

By Mike Stones

Soft drinks firm Britvic has signalled its willingness to renegotiate the terms of its merger with business rival AG Barr or abandon the deal, after the Competition Commission issued a final approval yesterday (July 9).


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