date:Aug 09, 2012
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Clarke commented:We have a lot on our plate, but we are pleased with the way things are going. As we divest businesses we can increasingly pay down debt and build momentum behind our eight power brands.
The company was already over halfway through its programme of divesting non-core brands, Clarke said.
It sold its Elephant Atta ethnic flour business, Sarsons vinegars and pickles business and its four Irish Brands comprising Chivers, Gateaux, McDonnells and the Erin licence in the latest ha