United Biscuits is owned by two private equity firms, Blackstone Group LP and PAI Partners. They bought UB for GBP1.6bn in 2006. It is reported that they may get over GBP2bn if they divest it. The private-equity groups are reported to be talking to investment banks about auctioning the business and a number of options including selling  snacks and biscuits divisions to different buyers, are being cons...