Mondelez in talks to buy Cadbury biscuits license from Burton's
Oreo cookie maker has offered to pay about $263 million for the license, as reported by Sky News
 "Mondelez in talks to buy Cadbury biscuits license from Burton's")
Oreo cookie maker Mondelez International Inc is in talks to buy the license to make Cadbury biscuits from UK-based biscuit maker Burton's Biscuits Co, Sky News reported.
US-based Mondelez has offered to pay about 200 million pounds ($263 million) for the license, the news website reported on Wednesday, citing people familiar with the matter.
The talks are at an early stage and may not result in a deal, the people said.
Burton's, owned by Canada's Ontario Teachers' Pension Plan, makes biscuits such as Cadbury Fingers under license from Cadbury UK.
The report comes weeks after Mondelez made a bid for Hershey Co, which makes Kisses chocolates, for $23 billion. Hershey rejected the offer.
Mondelez already owns chocolate maker Cadbury Ltd, which it bought for about $19 billion in 2010.
Mondelez was not immediately available for comment.
A Burton's spokesperson said the company did not comment on speculation.
($1 = 0.76 pounds)