PFD

"Elsewhere, Premier Foods, the heavily indebted maker of Hovis bread and Oxo cubes, firmed 3¼ to 128¾p on vague speculation that it was a bid target for American giant Kraft Foods. However, analysts were sceptical, noting that Kraft had come under fire recently for acquiring Danone's low-growth biscuit division."

http://www.telegraph.co.uk/money/main.jhtml?xml=/money/2008/04/17/cxmktrep117.xml