US group in Weetabix buyout

A United States private equity group today said it was buying breakfast cereal group Weetabix for about $1.11bn (€932m).

Wed, 19 Nov, 2003 - 07:44

A United States private equity group today said it was buying breakfast cereal group Weetabix for about $1.11bn (€932m).

Hicks, Muse, Tate and Furst said its bid vehicle Latimer Acquisitions had agreed the terms of recommended proposals with the board of Weetabix to buy the entire issued share capital in the cereal firm.

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CourtsBusinessHeathrowPlace: USPlace: United StatesPerson: HicksPerson: MuseOrganisation: WeetabixOrganisation: FurstOrganisation: Hicks MuseOrganisation: Premier FoodsOrganisation: Crosse & BlackwellOrganisation: Branston PickleOrganisation: Rowntree
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