PepsiCo, owner of Walker's Crisps, is believed to be trying to buy Golden Wonder. The crisp and snack manufacturer has been put up for sale by Legal and General Ventures and industry sources have said the price may be as high as £100m. L&G md Adrian Johnson would not comment on the bidding but said a decision was likely to be made by the end of the month. L&G is believed to have received five bids from trade interests and private equity firms. L&G has owned Golden Wonder for four years, a "normal investment cycle" said Johnson. {{NEWS }}

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