date:Aug 08, 2012
Speaking to BakeryAndSnacks.com, Keren McCarron, corporate communication manager at UB said:United Biscuits will be sold at some point.
We do acknowledge that the division[of the snacks business]is likely to increase sales options for our owners.
She gave noindication whether UB would be sold as a whole or asseparatesnacksand biscuits businesses.
Split ahead of sale?
UB is owned by the Blackstone Group LP and PAI Partners. In March this year, the owners reportedly lined-up Credit Suisse to