Philippines food and beverage group San Miguel Corp. is weighing up a bid for UK snacks firm United Biscuits.

In an email to just-food today (10 September) a spokesperson for San Miguel said CEO Ramon Ang “confirmed that San Miguel Corp is evaluating a bid” for the Penguin and BN maker.

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Saudi Arabia’s Savola Group has also been linked to the sale. Savola did not respond to requests for comment when approached by just-food.

The companies are the latest to be linked to United Biscuits, which last week reportedly held talks with possible bidders Kellogg, Ferrero, Turkish group Ulker and Ontario Teachers’ Pension Plan, the Canadian pension fund that owns UK rival Burton’s Biscuit Co.

United Biscuits’ owners, the private-equity firms Blackstone and PAI Partners, are weighing up whether to sell or float a business they have owned since 2006.

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