Bid battle breaks out for Hillsdown


28 May 1999


Bid battle breaks out for Hillsdown


A BID battle between US and UK venture capitalists has broken out for food manufacturer Hillsdown Holdings.

Hicks, Muse, Tate & Furst, the US private investment firm, lifted its offer for Hillsdown to £530 million from £464m just as Britains Candover indicated it might counter the rival bid.

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