date:Oct 31, 2012
after consultation.
40M ahead of the 330M target
The deal means Premier has delivered about 370M in disposal proceeds since March 2012, which is 40M ahead of the 330M target it committed to deliver by June 2014 as part of its financing arrangements.
After the disposal, the branded sales mix of Premiers grocery business will increase to about 90%.
Graham Jones, executive director of city analyst Panmure Gordon, said:Even after these recent disposals, Premier will remain highly geared and it