date:Nov 27, 2012
US bakery firm Flowers Foods could be set to acquire Twinkies and other Hostess assets following the liquidation of the firm.
Whilst $2.8 billion turnover Flowers has not publicly stated its interest, it has renegotiated its lending terms which, according to The Wall Street Journal, could be a sign that the company is about to release funds to make an offer. Last week, Hostess said that it had received a flood of offers for its brands and other assets including 36 production sites across the US