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.

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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