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Company News

RPT-BRIEF-Cargill, Faccenda Foods to combine chicken, turkey and duck units

(Repeats to additional subscribers with no changes to text) Cargill Ltd:

* TO ESTABLISH A JOINT VENTURE TO CREATE A LEADING UK FOOD COMPANY FOCUSED ON CHICKEN, TURKEY AND DUCK

* CARGILL’S FRESH CHICKEN BUSINESS IN UK IS GOING TO JOIN FACCENDA FOOD’S FRESH CHICKEN, TURKEY AND DUCK BUSINESS TO FORM NEW CO

* NEW BUSINESS PLANS TO EMPLOY APPROXIMATELY 6,000 PEOPLE IN UK, WITH EMPLOYEES COMING FROM BOTH PARENT COMPANIES

* NAME OF NEW JOINT VENTURE IS GOING TO BE ANNOUNCED AT CLOSING OF DEAL Source text for Eikon: Further company coverage: (Bengaluru Newsroom)

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