date:Oct 09, 2012
ivate equity buyer is more likely than a trade buyer, despite a recent report in the China Daily newspaper suggesting that China's largest beverage producer, Hangzhou Wahaha Group, had emerged as a possible contender.
Failed to find a buyer
It was said to be one of six firms that had received information from investment bank Credit Suisse, which is advising UB's owners on the disposal of KP Snacks. Blackstone and PAI Partners had put UB up for sale as a single entity in 2010 but failed to find