By Ronan Hegarty2007-08-25T00:00:00+01:00
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The banks propping up Premier Foods have agreed to postpone a crucial test of the manufacturer s finances. Premier today said it had struck a deal with its lenders to postpone the test from 31 December to 31 March next year buying further time for a refinancing deal ...
Premier Foods chief operating officer Tim Kelly is to leave the company following a management reshuffle.
Embattled Premier Foods has begun talks with retailers and suppliers in a bid to turn around the business.
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