Private Equity Firms May Create Food Company, Sunday Times Says
Several private equity firms, said to include Permira Advisers LLP and PAI Partners SAS, are set to merge two sets of food brands, the Sunday Times reported, without saying where it got the information.
The rival firms are looking at a basket of products from Premier Foods Plc (PFD) and Leeds-based manufacturer Symington’s, and may merge them into one company, according to the newspaper, without citing sources.
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