PEP denies NZ Griffin's Foods sale, confirms Tegel under review
Pacific Equity Partners has publicly denied that it will sell its New Zealand snacks and biscuits investee Griffin’s Foods, following reports by Australian media that the asset was up for sale alongside poultry business Tegel and cinema player Hoyts.
However, PEP also confirmed earlier reports that it had engaged Greenhill Caliburn and Morgan Stanley to review strategic options for Tegel, particularly a trade sale. The chicken company is understood...
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