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Nestlé has been reported to have submitted an offer for Quorn, food free range meat, by Thursday its subsidiary Osem group. SSO is majority shareholding company Nestlé specializing in ethnic foods.

It is believed that Quorn could be sold for as much as 230 m ￡. JP Morgan bankers are supposed to have been appointed to Advisor Nestle acquisition.

In October, the Prime Minister has said "he had received some approaches that may or may not lead to a sale of [our] business free of meat, including the Quorn".

A sale of the division would contribute to reducing the piles of debt first Minister ￡ 1. 6bn. Food company, which has accumulated huge debts when it acquired RHM and Campbell United Kingdom soups and Ireland business in 2006, has seen its share price falling over the last few years.

The actions of the Prime Minister, that is passed in by 300 percent at the beginning of 2007, were languishing in between 18% and 40 recently.

The Prime Minister Foods closed 2 18?p above.

The premier Foods has recently been appointed Prime Minister Ronnie Bell, former President of Kraft Foods Europe as President to help society

Reports suggested yesterday that Robert Schofield, Chief Executive Officer can resign next year.

In a statement issued Friday, the Premier Foods said: "the premier Foods confirms received offers a number of parties, including the multinational food groups and corporate capital." Discussions are continuing and are advanced with both parties.

"There is no guarantee that the sale of his business free of meat will be held." Ads will be when appropriate. ?

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The company reported a loss of ￡ 15. 9 m for the six months on 2 October, compared to a profit of ￡ 7. 2 m the previous year. The results were affected by a ￡ 10. 9 fresh m pension. Sales slipped 453 million from ￡ from ￡ 466. 9 m.

However, like-for-like sales picked up, climbing 2 7pc in the first half and 6pc in the second quarter, helped by demand for ready-made and biscuits on Fox.

Food North has taken measures to improve companies, including new robot packing biscuit Fox and exiting low margin contracts and plant closures in the division cooked. Stefan Barden, Chief Executive, said the company would now begin a "self help" program in the area of food frozen, which includes the Goodfella and McDougall pies.

The frozen food company reported a loss of ￡ 4.6 m for the first half, compared with ￡ 5.1 m profit last year, after sales 21pc.Aliments North spent about 5 m ￡ on an advertising campaign featuring the "pizza fairy" and new produits.M.Barden says that the company will now focus on improving the presentation in stores, ensure that buyers can find his pizzas and promotions which are more attractive than rival Dr. Oetker, offering

"At this time that they you hit all that databases and we have to get better,"he said.""

Shares slipped 45?p ?p.

North has also maintained its dividend for the semester to 1.55%, payable on January 28.

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