ABF Associated British Foods Plc

1,913.00

0.00 (0.00%)

Last Updated: 15:47:24

Delayed by 15 minutes

Share Name	Share Symbol	Market	Type	Share ISIN	Share Description
Associated British Foods Plc	LSE:ABF	London	Ordinary Share	GB0006731235	ORD 5 15/22P

	Price Change	% Change	Share Price	Bid Price	Offer Price	High Price	Low Price	Open Price	Shares Traded	Last Trade
	0.00	0.00%	1,913.00	1,913.00	1,913.50	1,919.00	1,904.50	1,916.00	227,037	15:47:24

Industry Sector	Turnover	Profit	EPS - Basic	PE Ratio	Market Cap
Textile Goods, Nec	20.07B	1.46B	1.9867	9.62	14.01B

Associated British Foods Buys Premier Foods's Elephant Atta for GBP34 Million

06/07/2012 7:41am

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LONDON--Associated British Foods PLC (ABF.LN), the food and ingredients group that also owns the Primark retail brand, said Friday that it has acquired Elephant Atta, an ethnic flour brand, from Premier Foods PLC (PFD.LN) for 34 million pounds in cash.

MAIN FACTS:

- Elephant will be incorporated into Westmill Foods, an ethnic food products provider.

-Premier Foods will continue to mill and package the flour with the brands being managed independently from Westmill Foods until regulatory approval is obtained.

-Premier Foods says it will use the proceeds to pay down debt.

-Associated shares closed Thursday at 1,284 pence valuing the company at GBP10.17 billion.

-Premier Foods shares closed Thursday at 88.25 pence valuing the company at GBP212 million.

-Write to Rory Gallivan at rory.gallivan@dowjones.com