PEP hires banks to advise on Griffin’s Foods sale – report
Pacific Equity Partners (PEP) has appointed investment banks to advise on the potential sale of Griffin’s Foods, a New Zealand-based snack food business. It is thought the company could be sold for up to $750 million, including debt, Reuters reported, citing sources familiar with the matter.
The private equity firm asked UBS and Goldman Sachs to conduct a strategic review of Griifin's earlier this year, but it is unclear whether the banks have been retained to oversee a sale. Griifin's,...
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