
U.K.-based United Biscuits Ltd. will be sold to Turkey’s Yildiz Holding, according to a statement from the cookie maker’s private-equity owners said Monday, concluding an extended sales process.
The statement from PAI Partners and The Blackstone Group L.P. (NYSE:BX), who purchased United Biscuits for £1.7 billion 2006, did not mention the price of the deal. A source with know