Premier Foods in talks to cut pension contributions - reports

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Premier Foods is in talks with trustees of its defined benefit (DB) scheme to reduce its liabilities as part of a corporate restructuring, according to reports in the Financial Times (FT).

The paper reports a deal is expected to be struck with the debt-laden food manufacturer's 28 lenders by March, which it expects to included a £300m rights issue Reaching an agreement over pensio...

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