22nd Jun 2011 16:39
Premier Foods plc ("Premier Foods" or "the Company")
22 June 2011
Proposed disposal of East Anglian Canned Grocery Operations to Princes Limited (the "Disposal")
Premier Foods notes the decision released today by the Office of Fair Trading ("OFT") to suspend referral of the Disposal to the Competition Commission pending agreement of the terms of an undertaking by Princes to divest the entire Fray Bentos business to an upfront buyer as approved by the OFT.
Completion of the Disposal is expected at the end of July.
For more information contact:
Premier Foods plc +44 (0) 1727 815850
Jim Smart, Chief Financial Officer
Gwyn Tyley, Director of Investor Relations and M&A
Maitland +44 (0) 20 7379 5151
Neil Bennett
Tom Eckersley
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