UK food group revises flotation price

British food group Premier Foods was today valued at £527m (€788m) after being forced to revise down the price of its long-awaited flotation.

British food group Premier Foods was today valued at £527m (€788m) after being forced to revise down the price of its long-awaited flotation.

Conditional share dealings in the group, whose brands include Branston Pickle and Sarsons vinegar, will begin today before full trading kicks off on Friday.

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