Premier Foods, Associated British Foods and RHM are the most likely candidates to be interested in Campbell Soup Company's UK and Ireland businesses, analysts have said.

Last week Campbell said it was considering the divestment of its businesses in the UK and Ireland, which has brands such as Homepride and Fray Bentos.

Douglas Conant, president and CEO, said: "Our portfolio in the UK and Ireland includes some strong brands, but it is highly fragmented and has not met growth expectations."