Takeover

Premier has dispelled rumours that it is to sell its Batchelors brand to Nissin

Premier Foods dispels rumours of Batchelors sale

By James Ridler

Mr Kipling manufacturer Premier Foods has quashed rumours that it plans to sell its Batchelors brand to key shareholder Nissin Foods Holdings, after media reports claimed a deal between the two companies was about to be agreed.

Unilever 'may sell' its spreads brands Flora, Stork and Bertolli after the failed Kraft Heinz bid

Unilever ‘to sell’ spreads brands after review

By Matt Atherton

Unilever may sell its Flora, Stork and Bertolli brands as part of its comprehensive review, according to reports, prompting the GMB union to urge the manufacturer to avoid a cost-cutting “slash and burn” policy.

Marmite maker Unilever said it saw “no merit, either financial or strategic” for its shareholders in the bid

Kraft Heinz drops its bid for Unilever

By Rick Pendrous

Kraft Heinz’s retreat from its £115bn ($143bn) takeover bid for Unilever following a rejection by the Anglo-Dutch food giant and concerns raised by unions about potential job losses in the UK, was one of the biggest news stories to hit the headlines last...

Fox's Biscuits takeover approach was made by a financial institution consortium, it was reported

Fox’s Biscuits bid was ‘not made by rival firm’

By Matt Atherton

The Fox’s Biscuits mystery takeover bid last month was launched by a consortium of City and Wall Street investors, and not a rival biscuit maker, a national news broadcaster has claimed.

Premier's partnership with Nissin will deliver five key benefits, said the Mr Kipling manufacturer

Premier Foods latest: Nissin Foods buys 17% stake

By Michael Stones

Nissin Foods has acquired a 17.27% shareholding in Premier Foods, after the Mr Kipling manufacturer rejected a hostile takeover bid from McCormick & Company, claiming that it significantly undervalued the firm’s growth prospects.

Premier Foods has fended off a hostile takeover bid from McCormick & Company

Premier Foods fends off hostile takeover bid

By Michael Stones

Premier Foods has fended off a hostile takeover bid from McCormick & Company – because it “significantly undervalues [the manufacturer’s] growth prospects” – and agreed a partnership with Nissin Foods Holdings.

Quorn Foods is remaining quiet on reports of two takeover bids

Quorn quiet on reports of takeover bid

By Michael Stones

Quorn Foods is remaining quiet on reports that acquisition firm Nomad Foods and chip giant McCain Foods are preparing takeover bids for the meat-free food manufacturer, as it revealed a 50% boost in production capacity to meet surging export demand.

Uniq produces layered desserts, trifles and chocolate products.

Uniq job losses highlight need for ‘Cadbury’s Law’: Unite

By Mike Stones

News that 350 people are to lose their jobs at Uniq’s Minsterley creamery is linked to Greencore’s £113m bid for the chilled foods firm and underlines the need for a ‘Cadbury’s Law’ to protect workers’ interests, argues Unite the Union.

Unilever ceo Paul Polman

City sceptical over P&G bid for Unilever

By Ben Bouckley and Graham Holter

A City analyst has expressed scepticism about the likely truth of rumours that Procter & Gamble (P&G) could be lining up a £38bn hostile bid for UK consumer giant Unilever.

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