Private equity groups eye up Princes Group

Princes, the UK food-and-beverage group owned by Japan’s Mitsubishi Corp., is reported to be on the radar of private-equity houses. Sky News has reported Aurelius Group and private-equity-backed Valeo Foods are weighing up the canned tuna and shelf-stable drinks supplier. In January, financial-markets news publication Debtwire said Mitsubishi had appointed M&A advisers at Houlihan Lokey to handle a process to sell…

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