UB could go chinese

United Biscuits, a major West London employer, are in takeover talks with chinese company Bright Foods.

The company, which makes the McVitie’s brand among others, employs significant numbers of people in Hayes Park and at its factory in Park Royal – the largest such facility in Europe. The FTreports its private equity owners – Blackstone and PAI – who acquired UB for £1.6bn, are in talks to sell it to the chinese firm for £2.6bn.

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