Egyptian Maker of Twinkies Said to Consider IPO

Edita Food Industries, an Egyptian snacks maker part-owned by London-based buyout firm Actis LLP, is considering an initial public offering as equity values rebound, four people familiar with the matter said.

Edita, whose products include the Twinkies cake in Egypt, is in talks with banks for the sale, the people said, asking not to be identified because the plans are private. The IPO may be valued at about $300 million, two of the people said.