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Premier Foods Plc news

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PFD 31.50
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Apollo and Paulson Bidding for Premier Foods' Bank Debt
John Paulson holds approximately 12% of out standing shares in a UK based public company, Premier Foods Plc (LON:PFD). This holding does not show up on 13-Fs, since the company is based on the London Stock Exchange.
Premier Foods in two minutes
New management is dealing with Premier Foods' (PFD) onerous debt, but they only have a two-year window in which to turn the company around or it may no longer be making exceedingly good cakes.
Fat reformulation - sat fats in baked goods
John Petre, innovation director at Premier Foods plc, says the company has "reached the limit" of what is possible in terms of saturated fat content in its Mr Kipling range.
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Premier Foods moves to Google Apps
Premier Foods, which owns brands including Hovis and Mr Kipling, will move its 5,000 users across to Google's productivity and collaboration suite later this year.
Premier Foods: 'three likely candidates for disposal'
Analysts Graham Jones and Damian McNeela identified the three facilities after concluding that disposals were essential if the food giant is to service its net debt, which is likely to remain over �1.2bn this year. None of the three facilities produces ...
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Premier Food & Wine's alcohol licence revoked
"And they have been consistently selling alcohol to persons who are already intoxicated. "On a regular basis you can see persons sitting outside on the bench aggressively begging to enable them to go into Premier Food and Wine and purchase an extra can ...
Premier Foods is 'mission possible': city analysts
�The appointment of Mike Clarke as ceo of Premier Foods was a key factor behind our decision to upgrade our recommendation on the share.
Buy-out firms circle Hartley's and Sun-Pat
Food industry sources said Morgan Stanley Private Equity, a division of the Wall Street investment banking giant, is vying with a couple of other buy-out firms in the first round of the auction for Premier Foods' spreads business. It includes Sun-Pat ...
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Premier Foods tight-lipped on spreads business sale
Private equity firms believed to be bidding for Premier's spreads business include: Morgan Stanley Private Equity (a division of the giant investment bank) TDR Capital and Capvest, according to a report in The Telegraph.
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Will Weetabix be 'unbeatabix' in China? Shanghai-based firm gobbles up 60 ...
Weetabix was 'unbeatabix' according to its 1970s ad campaign - and it definitely is for Chinese firm Bright Food which has snapped up a 60 per cent share of the company, which has been valued at �1.2billion.
Unite seeks jobs promise after Weetabix deal  FoodManufacture.co.uk
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