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Birthday : 12/14/1955
Place of birth : New York (New York) - United States
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Biography : John Paulson is the boss of the investment fund Paulson & Co. founded in 1995. It’s thanks to...

Activist Paulson reduces holding in Britain's Premier Foods

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07/10/2018 | 06:50am EDT
FILE PHOTO: An illustration of a Mr Kipling Cherry Bakewell

(This July 9 story corrects filing to show Paulson reduced (not increased) stake)

(Reuters) - Paulson & Co has reduced its overall interest in Britain's Premier Foods Plc to just over 6 percent from 7.5 percent, the hedge fund firm led by billionaire investor John Paulson said on Monday.

The move comes ahead of a shareholder meeting next week which could determine the fate of Gavin Darby, chief executive of the maker of Oxo cubes and Mr Kipling cakes.

(Reporting by Sangameswaran S in Bengaluru; editing by Keith Weir)

Stocks mentioned in the article
ChangeLast1st jan.
DEERE & COMPANY 0.92% 221.97 Delayed Quote.28.11%
NEXT PLC -2.68% 6254 Delayed Quote.-10.89%
PREMIER FOODS PLC 5.61% 92.3 Delayed Quote.139.89%
PREMIER, INC. -2.57% 31.07 Delayed Quote.-17.98%
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