By Olivia Oran and Soyoung Kim
July 9 (Reuters) - Glencore Xstrata PLC is lookingto sell its Dakota Growers Pasta Co business as it continues todivest assets acquired from its $6 billion purchase of Canadiangrain handler Viterra last year, according to three sources withknowledge of the process.
Glencore is working with Barclays PLC to sell St.Louis Park, Minnestota-based Dakota Growers in a deal whichcould value the nation's third-largest pasta maker at $300million to $400 million, the sources said on Tuesday.
Glencore and Barclays could not be immediately reached forcomment.
To please regulators, Glencore has already sold a number ofVieterra assets to Agrium Inc, CF Industries HoldingsInc and Richardson.
Dakota Growers is likely to draw interest from companieslike ConAgra Foods Inc and Ebro Foods S.A.,one of the sources said.
Viterra acquired Dakota Growers for $240 million in March2010.