McCormick & Company Inc (MKC.N)
LONDON Yildiz Holding is exploring a sale of Godiva chocolate's Japanese business in a deal that could fetch around $1.5 billion, according to two sources familiar with the matter, potentially letting the company pay down debt and invest elsewhere.
LONDON, July 18 Premier Foods said it was open to selling parts of the business and acknowledged it had to speed up its turnaround plans ahead of a showdown with investors who want to replace its Chief Executive Gavin Darby.
Premier Foods' top shareholder is backing the British company's under-fire CEO, even as second-largest investor and vocal critic Oasis Management nearly doubled its stake to vote against Gavin Darby.
Shareholder Oasis Management has called for the immediate removal of Premier Foods Chief Executive Gavin Darby, raising the pressure on the company ahead of its annual meeting next month.
June 24 Shareholder Oasis Management has called for the immediate removal of Premier Foods Chief Executive Gavin Darby, raising the pressure on the company ahead of its annual meeting next month.
June 21 Britain's Premier Foods said its second largest shareholder would vote against Gavin Darby's re-election at its AGM on July 18.