(Reuters) - Two private equity owners of U.K.-based United Biscuits have appointed Credit Suisse to split the food company's salty snack business from its other operations, the Wall Street Journal reported on Monday.
Buyout firms Blackstone Group LP
The sale failed to materialize despite interest from companies such as China's Bright Foods, Kelloggs
The owners of the company may now attempt to sell the company in parts, starting with snacks, the Journal reported on its website citing a person familiar with the matter.
Blackstone and Credit Suisse's New York offices could not be immediately reached for comment. PAI and United Biscuits also could not be immediately reached for comment.
(Reporting by Durba Ghosh in Bangalore; Editing by Ramya Venugopal)
Source: http://news.yahoo.com/united-biscuit-owners-hire-banker-split-business-wsj-022114825.html
iowa caucus dick clark lemonade diet steve jobs action figure chris jericho rose bowl johnny weir
No comments:
Post a Comment
Note: Only a member of this blog may post a comment.