Archives for January 24, 2011

← 2011

No EC demand that Twinings repay €12m Polish grant

By Ben Bouckley

The European Commission (EC) has questioned the role played by the Polish authorities in Twinings’ application for a controversial €12m grant to build a factory that will see almost 400 UK jobs axed, but has not asked that the money be repaid.

Premier sells Quorn and Cauldron in £205m deal

By Elaine Watson

Premier Foods has struck a deal with Exponent Private Equity and Intermediate Capital Group to sell its meat-free business Quorn and Cauldron Foods in a £205m deal.