United Biscuits bought out by Turkish food conglomerate

McVitie’s and Jaffa Cakes maker United Biscuits is to be swallowed up by Turkish food conglomerate Yildiz Holdings in a deal believed to be worth £2bn (€2.56bn), it was announced today.

United Biscuits bought out by Turkish food conglomerate
Mon, 03 Nov, 2014 - 16:42

McVitie’s and Jaffa Cakes maker United Biscuits is to be swallowed up by Turkish food conglomerate Yildiz Holdings in a deal believed to be worth £2bn (€2.56bn), it was announced today.

Yildiz was reported to have prevailed against rival bids from Burton’s and America’s Kellogg’s.

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CourtsBusinessHeathrowPlace: AmericaPlace: Hayes, MiddlesexPlace: UKPlace: LondonPlace: ManchesterPlace: CarlislePlace: GlasgowPlace: HalifaxPlace: LiverpoolPlace: LeicestershirePlace: BelgiumPlace: North AmericaPlace: Middle EastPlace: North AfricaPlace: ChinaPlace: JapanPlace: EuropePerson: Murat UlkerOrganisation: United BiscuitsOrganisation: McVitieOrganisation: Jaffa CakesOrganisation: Yildiz HoldingsOrganisation: YildizOrganisation: BurtonOrganisation: KelloggOrganisation: UnitedOrganisation: Jacob’sOrganisation: TwigletsOrganisation: Mini CheddarsOrganisation: Carr’sOrganisation: BlackstoneOrganisation: PAI PartnersOrganisation: Godiva ChocolateOrganisation: ’sOrganisation: De Met’s Candy CompanyOrganisation: United Biscuits’
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