Glanbia a favourite to buy US Monster Milk'

Food, ingredients and performance nutrition group Glanbia remains one of two strong favourites to acquire the US private equity owned CytoSport - owner of the Monster Milk' brand at a reported price of around $500 million. The California-based company is currently financed by private equity group TSG Consumer Partners, a specialist in financing mid-market branded consumer goods companies in the United States.

CytoSport was founded by a father-and-son team in 1998, but since ...