Barbara’s Bakery In Wedding Talks with Tony The Tiger, Captain Crunch

Weetabix Close to Dealing Off American Cousin

According to a report in the Times of London online edition, Weetabix is reportedly days away from signing a deal to sell leading natural cereal maker and a private label portion of it’s business in an effort to focus on it’s Weetabix and Alpen and Ready Brek lines.

Weetabix is reportedly asking $110 million for Barbara’s and the interested parties are, yes, you guessed it, Kraft, General Mills and Kelloggs.

The sale represents the first disposal of assets since it’s acquisition by the private equity firm, Lion Capital, formerly part of Hicks, Muse, Tate & Furst

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: