Second Premier Foods shareholder urges talks with McCormick

March 24, 2016 6:16 PM

23 0

LONDON Paulson & Co, a top ten shareholder in Premier Foods (PFD.L), urged the company's board to engage in takeover discussions with McCormick (MKC.N), becoming the second sizeable shareholder to criticize the board for its refusal to enter talks with its U.S. suitor.

Paulson, which owns more than 7 percent of Premier Foods, said on Thursday that it told Premier on Wednesday that the British food company should engage with McCormick.

Also read: GM says ISS advises against Greenlight share plan, board nominees

Read more

To category page

Loading...