date:Aug 26, 2014
United Biscuits, the maker of McVitie's Digestives and Penguin bars, is expected to float on the London Stock Exchange this autumn, with a value of 1.5 billion.
Although, there is a possibility that Blackstone and PAI Partners, the consortium who acquired United Biscuits in 2006, will sell the company if a better offer is received. United Biscuits was previously listed on the London Stock Exchange before being acquired by Blackstone and PAI Partners.
Several companies are believed to have expr