date:Sep 24, 2012
e familiar with the matter.
Potential buyers may include several European private equity groups; US food firms such as Kellogg, and Kraft Foods; and Chinese food companies such as Hanghzou Wahaha. Swiss financial services company Credit Suisse has been appointed to run the sale.
In August 2012, United Biscuits completed the separation of its snacks business from the rest of its operations, and appointed the former president of Kraft Foods UK/Ireland Nick Bunker as the new chief executive offic