Finance

United Biscuits identifies £500m growth opportunity in biscuits

United Biscuits (UB) has identified £500m of growth opportunity in the UK biscuit market as part of its first Biscuit Review.

Premier rejects third takeover bid

Premier Foods has rejected a fresh offer from US spice brand McCormick, which valued the company at 65p per share.

McCormick issues third offer for Premier

US spice brand McCormick has upped its offer on Premier Foods to 65p a share.

Patisserie Holding’s Luke Johnson backs Brexit

The Vote Leave campaign group has published a list of 250 business leaders whom it says support Britain leaving the EU, including Luke Johnson, chairman of Patisserie Holdings.

Gavin Darby, chief executive at Premier Foods
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Premier Foods under fire for takeover rejection

Premier Foods has been criticised by shareholders for its handling of a takeover offer from US spice brand, McCormick.

Premier Foods sells 17.27% stake

Nissin, a Japanese instant noodle firm, has committed to buy a 17.27% stake in Premier Foods.

Premier Foods’ shares jump after takeover rejection

Shares in Premier Foods jumped to a high of 54.05p yesterday, after the company announced it had rejected a takeover bid by US spice brand McCormick.

Foodservice sales growth slowing

The growth in the UK food sector will not match that of 2015, according to data analysis company Horizons’ managing director Peter Backman. 

Brian Cassin joins Sainsbury’s board

Sainsbury’s has announced Brian Cassin will join its board as a non-executive director.

Costa beset by separation rumours

Whitbread’s shares soared yesterday as takeover and break-up talk was rife around the owner of Costa Coffee.

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