Blackstone, PAI may clear cupboard with United Biscuits sale | AltAssets Private Equity News

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Blackstone, PAI may clear cupboard with United Biscuits sale

22 Jul 2010

Blackstone Group and PAI Partners, US and European buy-out houses respectively, are looking to sell off their investment in United Biscuits, the UK manufacturer behind popular brands such as Jaffa Cakes and Hob Nobs, according to reports.

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