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      United Biscuits completes separation of snacks division
      date:Aug 08, 2012
      es in the UK and employs around 1,500 employees.
      United Biscuits noted that the snacks category in the UK is currently growing at 6% per annum and there are significant growth opportunities both in the domestic and international markets.
      In March 2012, United Biscuits hired Credit Suisse to separate the company's salty snacks business ahead of its sale.
      The bidding process for the sale of the snacks division, which is valued at 500m, is expected to be initiated by September 2012, while the sale
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