Subscribe now to British Baker
  • Bakery Info

Finance

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.

Premier Foods writes off Hovis stake

Premier Foods, the manufacturer of Mr Kipling and Cadbury cakes, has revealed it is to write off its £8m investment in Hovis.

Survey finds demand for more gluten-free products

There is insufficient choice in the gluten-free market, according to 73% of consumers who buy coeliac-friendly products.