Betaville

UNCOOKED ALERT: Ontex said to ...

Ontex, the Belgian diaper maker, is rumoured to be back "in play".

People claiming to be familiar with the matter said the company is at the centre of speculation about a potential takeover.

However, it's not clear which company is interested in buying Ontex, said these people claiming to be familiar with the matter.

Last year, Ontex received a takeover approach from French private equity firm PAI Partners.

The approach from PAI was pitched at EURO 27.5 a share, around EURO 2.3 billion...