FTSE food firms take flight

A £1.2bn (€1.8bn) takeover of RHM by Premier Foods caused shares in the food sector to surge today.

Mon, 04 Dec, 2006 - 11:51

A £1.2bn (€1.8bn) takeover of RHM by Premier Foods caused shares in the food sector to surge today.

The resumption of merger-and-acquisition activity also helped the wider market, which clung to positive territory with a gain of 6.8 points to 6028.3 by mid-morning.

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