Private equity group Blackstone is close to acquiring the stake owned by investors Growth Capital Partners in Tangerine Confectionery, the largest British manufacturer of sugar confectionery and branded popcorn, claim media reports.
German confectioner Storck is to acquire two brands of cough sweet,
according to an unconfirmed report in the Financial Times
Deutschland - something which will allow it to extend its lead
in the competitive sugar-based confectionery...