HP Foods, maker of HP and Lea & Perrins sauces, has attracted at least three offers, valuing the company at up to £500m (US$906m), according to the Financial Times.
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New York based McCormick, the world’s largest spice company, is competing against UK food groups Premier Foods and Associated British Foods in the final round of an auction of HP which is owned by Danone the French foods group, the paper said.
