date:Mar 14, 2012
ess would also be up for sale.
PAI and United Biscuits declined to comment on the report, while Blackstone was unavailable for comment at time of press.
However, a source familiar with the situation told just-food that the move is being considered because it would realise more value for the company's owners.
Both businesses would operate more effectively on a separate basis, which would realise more value for shareholders.