Shares in Mr Kipling owner slide as bidder walks away

Discussion in 'Market News' started by Lily, Apr 13, 2016.

  1. Lily

    Lily Forum Member

    Aug 29, 2015
    Likes Received:
    McCormick, which makes Schwartz dried spices, said it could not make an offer that was acceptable to Premier Foods

    Shares in the maker of Mr Kipling cakes have plunged after US company McCormick abandoned a proposed takeover.

    The US maker of Schwartz dried spices and sauces said after inspecting Premier Food’s books it could not offer a price acceptable to Premier.

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