UK: United Biscuits "prepares to auction biscuits division"

By: just-food.com | 17 January 2011

The owners of United Biscuits is reportedly looking to auction its biscuits division for around GBP1.5bn (US$2.39bn), after China's Bright Food walked away from acquiring the whole company.

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The owners of United Biscuits is reportedly looking to auction its biscuits division for around GBP1.5bn (US$2.39bn), after China's Bright Food walked away from acquiring the whole company.

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United Biscuits (UB) is a provider of sweet and savoury snacks. The company principally engages in the manufacture and marketer of biscuits, snacks and cakes. UB offers savoury snacks with products ranging from biscuits and crackers to cakes Its bran...

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