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Northern confirms disposals
31/05/2006
Northern Foods, the UK-listed food company, has confirmed that it will dispose of non-core assets and has indicated that it hopes to fetch £200m from the sale. The company named NFT distribution and Smiths flour milling, together with its cakes and speciality bread and chilled pastry products divisions as for sale. These businesses recorded EBITDA of £38m on sales of £580m in 2005/6.
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