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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).

Premier is focusing on its Power Brands ahead of any deal with its banks

Premier Foods declines to comment on bank deal

By Dan Colombini

Premier Foods has refused to comment on speculation that it has agreed a new deal with its lenders after the firm’s share price rose 6.5% to 12p yesterday (28 February).

Greencore's decision to switch its currency denomination from euros to sterling could spark interest from UK investors

Greencore value boosted by currency switch

By Dan Colombini

The decision by chilled foods group Greencore to transfer its share currency denomination from euros to sterling has further increased its value to potential investors, according to city analysts.

Greencore ceo Patrick Coveney looks set to seal a Uniq deal

Greencore 'one step closer' to Uniq takeover

By Ben Bouckley and Graham Holter

Greencore’s £113m offer for Uniq has been declared ‘unconditional as to acceptances’ after over 90% of shareholders indicated acceptance of the deal.

Ranjit Boparan: Rasing the Northern stakes

Game, set, match Boparan?

By Ben Bouckley

Ranjit Boparan is one step closer to taking over Northern Foods after announcing yesterday that he now controls over 70% of the convenience food group’s shares, although one analyst said the industrial logic of a tie-up with Greencore would have been...

Ranjit Boparan: Rasing the Northern stakes

Cash in on my offer: Boparan tells Northern investors

By Ben Bouckley

Ranjit Boparan today urged Northern Foods shareholders to accept his offer for the firm “as soon as possible” after Greencore pulled out of the running, and revealed that he has now acquired, agreed to acquire or has valid acceptances for 48.25% of Northern’s...

Ranjit Boparan: holds pole position for Northern but Greencore still in race

Race for Northern Foods could go to wire

By Ben Bouckley

The battle between food titans Greencore and Ranjit Boparan to take over Northern Foods could still go right to the wire, despite the expiry today of a deadline set by the latter for Northern's shareholders to formally accept his bid.

Ranjit Boparan

Boparan fails to deal knock-out blow in latest round for Northern

By Ben Bouckley

Ranjit Boparan has failed to secure a controlling stake in Northern Foods that will guarantee the immediate success of his takeover bid, after revealing last night that 23.03% of Northern shareholders accepted his offer, but remains in pole position to...

Schofield: 'Open-minded' about disposals

Premier Foods in advanced talks with two bidders over Quorn

By Elaine Watson

Premier Foods is in advanced negotiations with two potential buyers over the sale of its meat-free business, but has received bids from a number of parties, including “multinational food groups and private equity firms".

Brewery comes under fire from shareholder

Brewery comes under fire from shareholder

By John Dunn

Adnams, the family-controlled Suffolk brewery, has come under further attack from influential shareholder Guinness Peat Group (GPG) for its heavy...

The economic ‘disease is spreading’

The economic ‘disease is spreading’

By Hayley Brown

The current economic situation is a “disease that is quickly spreading”, warned the commercial director of the Authentic Food Company. The...

Bakery has no bread

Bakery has no bread

The future for shareholders at troubled baker Inter Link Foods was looking grim as Food Manufacture went to press, with sources close to the firm...

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