Hony has held “informal talks” with the company’s owners, private equity firms Blackstone Group and PAI Partners, according to the report.
The buyout pair paid £1.6bn for the company in 2006, which produces snack brands as Jaffa Cakes, Hula Hoops and Hob Nobs. The company has received a number of buyout approaches from both corporate and financial acquirers.
Back in 2012 Blackstone and PAI appointed Credit Suisse to consider the sale options for United Biscuits’ savoury snack division for around £500m.
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