Australia: Patties Foods receives takeover bid from Pacific Equity Partners
Investment firm Pacific Equity Partners has offered A$232million ($165 million) for 100% of the shares in Patties Foods, according to reports in AFN and ABC. Australia-based Patties Foods is the owner of a number of brands in the bakery industry, including Four ‘n’ Twenty Pies, Herbert Adams Pies, Snowy River, Pies Chefs, Patties and Nanna’s. […]