date:Mar 14, 2012
Blackstone Group and PAI Partners, the private-equity owners of United Biscuits, are considering the possibility of selling the UK firm's salty snacks business.
According to a report in the Wall Street Journal, Blackstone and PAI have appointed Credit Suisse to consider options for its salty snacks business, which has been valued at around GBP500m (US$781.4m).
In 2010, Blackstone and PAI had looked at selling all of United Biscuits for around GBP2bn. The sale attracted interest from the likes