Private equity group PAI Partners said on Thursday it wanted to continue discussions with all nine potential buyers of its 50 percent stake in French yoghurt maker Yoplait and would not organise a "sudden death" contest.
PAI and French farming cooperative Sodiaal, which owns the other half of the world's second-biggest yoghurt maker, said earlier this month they would decide on a shortlist with whom to continue talks.
"We prefer to continue multilateral discussions with the different candidates to enable them to gradually fine tune their proposals so that, step-by-step, the best offer will emerge," a PAI spokesman told Reuters on Thursday.
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