Premier Foods up as Hovis sliced off
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Shares in FTSE 250 Premier Foods (LON:PFD) rose 1.93% to 105.60p (as of 14:45 BST) after it disposed of its share of Hovis Holdings for a £37 million consideration. The company’s investment in Hovis was fully written down in 2016 and management said that the transaction would strengthen the group’s financial position.
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