January 9/London/Reuters -- Premier Foods is looking to sell its Hartley's jams and Haywards pickles businesses for over 200 million pounds to help meet its borrowing rules and secure the company's survival, sources with knowledge of the situation said.
The group, whose top brands include Batchelor's, Hovis and Mr. Kipling, is struggling with hefty debts after a recent acquisition spree and is looking to offload non-core food businesses as it battles with weak consumer demand in Britain.