Archives for May 9, 2011

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Blackstone eyes stake in UK confectioner Tangerine

By Jane Byrne

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.

Thorntons: far from chocolate heaven in 2011?

By Ben Bouckley

Former Thorntons chairman Peter Thornton says the firm's current woes are due to an unduly large shop chain, poorer product quality and "extremely bad" retail marketing.