Talks To Sell PE-owned United Biscuits Stall

Negotiations to sell United Biscuits, a UK-based company owned by private equity firms Blackstone Group and PAI Partners, to Shanghai-based Bright Food Group, have stalled, Reuters reported, citing the Wall Street Journal. The deal reportedly could have been valued at more that 2 billion pounds ($3.17 billion).

North AmericaUSBriefs