Panmure Gordon believes that Elephant Atta is a perfect fit for Associated British Foods and has maintained its 'buy' recommendation and 1,300p target price on the FTSE 100 food, ingredients and retail firm.
[6 Jul '12]- Markets look ahead to US jobs report
- Investors shrug off central bank action
- Aviva jumps on Delta Lloyds disposal
[6 Jul '12]With a key jobs report from the US expected later this afternoon, European markets are expected to open lower; yesterday's measures by central banks in the UK, Europe and China to boost growth have clearly failed to lift sentiment.
[6 Jul '12]Food, ingredients and retail firm Associated British Foods (ABF) is to buy ethnic flour brand Elephant Atta from Premier Foods, the company announced on Friday.
[6 Jul '12]With Home Retail's market value increasing by a quarter, the general retail sector was the best performing category on Tuesday afternoon.
[19 Jun '12]- BarCap says Bank of England will turn on the QE tap again
- Banks celebrate emergency assistance facility
- Premier Foods getting out of a pickle
[15 Jun '12]Struggling Premier Foods said it was selling its vinegar and soured pickles business for 41m pounds.
[15 Jun '12]Ronnie Bell has chaired his last meeting of the board of struggling foods group Premier Foods. He will be replaced on an interim basis as Chairman by the group's Senior Independent Director, David Beever.
[1 Jun '12]