- Premier Foods has confirmed it is in talks concerning a sale of its 49% stake in Hovis Holdings.

The FTSE 250 firm has responded to media reports and a statement from Newlat Foods, with the Italian company confirming it is interested in making a bid.

However the group has commented there can be no certainty that any transaction will conclude.

Premier Foods will provide an update in due course as appropriate.

At 1:59pm: [LON:PFD] Premier Foods PLC share price was +5.5p at 103.8p

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