United Biscuits owners revive talks to break up the business

THE OWNERS of United Biscuits, which makes brands including KP Nuts and McVitie’s, have revived talks with banks over options for its savoury snacks arm, including a potential sale of the business.

Private equity groups Blackstone and PAI Partners have appointed Credit Suisse to look at separating its biscuits arm from its crisps and nuts division, after shelving plans to sell the entire business for £2bn in 2010.