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The future of United Biscuits has again been thrown into doubt amid fresh speculation the company will be broken up by its private equity owners. Blackstone and PAI Partners, which bought the company in 2006 for 1.6bn, have reportedly appointed Goldman Sachs and JP Morgan to oversee a sell-off.
Bright Food Group has emerged as the front-runner to buy a 50% stake in Yoplait after last year coming close to buying United Biscuits.
United Biscuits has named Benoit Testard as its new chief executive. Testard, who is currently managing director of the UK business, moves into his new role on 21 February.
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