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Exceedingly good news for investors in Mr Kipling firm Premier Foods

2016-03-23 12:18:25| Food - Topix.net

Mr Kipling cakes firm Premier Foods revealed it has snubbed a takeover approach from an American suitor and announced a tie-up with noodle-giant Nissin Foods. Premier shares soared more than 47% when it revealed it had turned down an approach by US food group McCormick & Company because it "significantly" undervalued its future growth.

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