The UK's Premier Foods is believed to have offered United Biscuits
an initial £1bn bid for its northern European snack food operations
- even though City analysts claim the business is worth £2.3bn.
UK food manufacturer RHM remains undeterred by last year's slump in
Mr Kipling cake sales - their financial second half results show
business is improving with the aid of healthy Hovis products.
British food group RHM last week announced it will launch a
crustless bread under its Hovis brand, targeted at young children
who only like the soft part of a loaf.