Kellogg Considering Bid for United Biscuits -Sky News


Cereal maker Kellogg Co. (K) is considering an offer for the U.K.'sUnited Biscuits Ltd., a maker of snacks and cookies, Sky News reported Wednesday.

Kellogg has selected Barclays PLC ( BCS ) to work on a possible offer for United Biscuits, owned by private-equity firms Blackstone Group LP ( BX ) and PAI Partners.

Last month The Wall Street Journal reported that United Biscuits is weighing an initial public offering.

Full story at: http://news.sky.com/story/1314218/kellogg-crunches-numbers-on-2bn-penguin-deal

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  08-06-141437ET
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