Weil Gotshal & Manges, Freshfields Bruckhaus Deringer and Linklaters have won roles advising on Premier Foods’ £404m fundraising.

The deal sees Premier Foods, which is behind brands such as Branston, Hovis and Mr Kipling, carry out a £379m equity issue, with private equity house Warburg Pincus also taking a 10% stake in the company.