By Lucy Crossley A major Canadian pension fund is close to finalising a deal to buy out Burton's Biscuit Company, the makers of biscuit tin favourites Jammie Dodgers and Wagon Wheels. The Ontario Teacher's Pension Plan is expected to buy out the firm, with the deal expected to be sealed in the coming hours. Bidding for the company, which also makes Maryland Cookies, closed on Thursday, after owners the Canadian Imperial Bank of Commerce, private equity group Apollo Global Management, and Duke Street Capital, put it up for sale in August. For sale: A major Canadian pension fund is close to finalising a deal to buy out Burton's Biscuits, the makers of biscuit tin favourites Jammie Dodgers
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Sources suggest Canadian pension fund likely to buy out firm
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Ontario Teacher's Pension Plan expected to finalise deal
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Burton's is second largest biscuit firm in the UK
Neither @placeholder's Biscuits nor the Ontario Teachers' Pension Plan were available for comment.