The company raised the possibility of selling the division last month, partly in order to finance its €630m purchase of Italian olive oil company Bertolli from Unilever in July. Cuetara’s biscuit division is reported to have been valued at €238m.
Related topics: Markets
Spanish food group SOS Cuetara said on Tuesday that the sale process for its biscuit unit is still open and generating interest, according to a Reuters report.
The company raised the possibility of selling the division last month, partly in order to finance its €630m purchase of Italian olive oil company Bertolli from Unilever in July. Cuetara’s biscuit division is reported to have been valued at €238m.
Copyright - Unless otherwise stated all contents of this web site are © 2012 - William Reed Business Media SAS - All Rights Reserved - Full details for the use of materials on this site can be found in the Terms & Conditions