date:Apr 04, 2014
provided on completion of the transaction.
This investment, together with external financing and cash flow from the business, will be used to fund the joint ventures plan to invest approximately 200 million in the business over the next five years to improve its operational infrastructure and reinvigorate the Hovis brand. It is expected that the joint venture will also be supported by a stand-alone credit facility for its ongoing working capital requirements with effect from the completion of t