Wellness Foods, the health food company backed by the Irish horseracing magnates John Magnier and JP McManus, is weighing up a £50 million sale of its Dorset Cereals division.
Wellness, a mini food conglomerate with a strong Irish shareholder roster, has received a number of unsolicited bids for Dorset Cereals, and is now considering whether to formally put the granola maker on the market.
Wellness acquired a majority stake in Dorset Cereals in 2008, and...
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