date:Aug 08, 2012
site after earlier split rumours in December last year that Kraft, PepsiCo or a large Asian company may move for UB
I still think that the biscuits business is likely to go to an Asian company, the smaller salty snack and nuts business may well stay in the UK or Europe, she said earlier.
The unnamed source in the Financial Times said that the larger biscuits part of the company, which includes McVities, would not be up for sale until 2013.
KP Snacks
UB claims its new snacks business KP Snac