![]() BBC News | Premier Foods agrees to buy RHM for 1.23 billion pounds International Herald Tribune - AP. LONDON: Premier Foods PLC said Monday it will buy RHM PLC for 1.23 billion pounds (â¬1.8 billion; US$2.4 billion) in cash and shares to create Britain's biggest food producer. Mr Kipling firm agrees â¬1.8bn takeover Premier Foods buys RHM for £1.2bn |