Associated British Foods reportedly looking into £250M takeover bid for UK rice company Tilda

LONDON , November 27, 2013 () – Associated British Foods, the owner of clothing retailer Primark, is looking into a £250m takeover bid for food company Tilda. The FTSE 100 company has reportedly registered its interest to the rice maker's founding shareholders, who have put the company up for sale. It is understood ABF is not the only bidder, with interest expressed from trade buyers and private equity groups, it has been reported.

(c) 2013 The Telegraph Group Limited, London

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