July 10, 2018 / 8:32 AM / 4 months ago

Premier Foods says top shareholder Nissin to back CEO at AGM

(Reuters) - Premier Foods’ largest shareholder Nissin Foods (1475.HK) intends to vote in favour of under-fire Chief Executive Gavin Darby at the company’s annual meeting next week, a spokesman for Premier said on Tuesday.

Premier’s second and third largest shareholders Oasis Management and Paulson & Co have said they want Darby to step down.

Reporting by Sangameswaran S in Bengaluru; editing by Patrick Graham

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