date:Mar 11, 2014
Diana Group, a French food ingredient maker owned by private equity firm Ardian, has attracted bids worth more than 1.2 billion euros ($1.7 billion) including debt from Germany's Symrise and Japanese seasoning maker Ajinomoto, the Financial Times reported on Monday.
Symrise and Ajinomoto declined to comment on the report. Ardian, formerly AXA Private Equity, was not immediately available for comment.
Ajinomoto has sought growth through deals, taking a 50 percent stake in Turkish food company K