Lazard seeks Asian partner for Australia's Unibic
Lazard is looking for Asian partners interested in buying a stake in Australian biscuit manufacturer Unibic. The private equity firm wants a strategic partner for its portfolio company who can help develop the business and increase exports to Asia.
Michael Quinn, managing director of Unibic, told Reuters that the company is examining various options, including part-ownership. Intensifying local competition - notably a price war between supermarkets...
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