date:Dec 20, 2013
US-based food processor Michael Foods Group, which is owned by a private-equity affiliate of Goldman Sachs Group, is reportedly exploring for a possible sale in an effort to fetch over $2bn.
The company is preparing detailed financial report for potential buyers, and has asked Bank of America Merrill Lynch and Goldman Sachs' investment banking unit to help in the process, reported Reuters.
In 2010, GS Capital Partners has acquired Michael Foods for $1.7bn from Thomas H. Lee Partners.
The comp