26 jun: Obligationer/middag: Rentestigninger i Sydeuropa og Danmark(NY)
26 jun: Aktier/middag: Usikkerheden hærger fortsat
26-06-2012 11:50:00

Blackstone, BC Partners Revising Offer For Iglo - Source

Relateret indhold

By Jessica Hodgson

LONDON--Buyout groups Blackstone Group (BX) and BC Partners are working on a revised offer for European frozen food group Iglo, after their initial approach was rejected by Iglo's owner, Permira, a person familiar with the matter said Tuesday.

Permira rejected a bid valuing Iglo, Europe's largest branded frozen foods business, at around EUR2.5 billion, people familiar with the matter previously told Dow Jones Newswires, because it came in below the price Permira wanted. They stressed that Permira wasn't under pressure to sell the company immediately and had other alternatives if it didn't get the required price.

The person didn't provide information about what the revised offer would value the company at.

Permira bought Iglo from Unilever PLC (UL) for EUR1.7 billion in 2006 and, in July 2010, recombined its Birds Eye unit with Unilever's other frozen-food business, Findus Italy, in a GBP675 million deal. Earlier this year it hired Credit Suisse Group AG (CS) to advise on a sale of the business.

Blackstone and BC Partners decided to team up on a joint bid last week after earlier having been in competition to buy the company, which makes frozen food in the Captain Birds Eye range, such as staples like fish fingers and the Bake to Perfection food range.

Rival buyout firm PAI Partners withdrew from the auction last month while Thai food group Charoen Pokphand PCL (CPF.TH) was also interested in parts of the company. It didn't submit a formal bid.

-Write to jessica.hodgson@dowjones.com

(Marietta Cauchi in London contributed to this report.)

(END) Dow Jones Newswires

June 26, 2012 05:50 ET (09:50 GMT)

Copyright (c) 2012 Dow Jones & Company, Inc.

Opret kommentar

Relateret debat

  • 1 uge
  • 1 måned
  • 1 År
Ingen indlæg

Fondsbørsmeddelelser

Rockwool/Jyske: Ledelsen gør klar til at fokusere på vækst igen

26-08-2016 15:15:02
Det spareprogram, som Rockwools topchef, Jens Birgersson, igangsatte sidste år, begynder så småt at nærme sig en afslutning. Og dermed kan stenuldsproducentens ..

Simcorp/CEO: Abonnementsmodel bag rekordstor ordrebog

26-08-2016 13:14:42
Softwareselskabet Simcorp kunne ved udgangen af første halvår notere sig den fedeste ordrebog i selskabets historie.Det er der en god forklaring på, lyder det f..

Aktier/middag: Genmab og Novo trækker ned inden nyt fra Yellen

26-08-2016 11:41:55
Kursfald i blandt andre Novo Nordisk og Genmab medvirker til at sætte det danske aktiemarked en smule under pres fredag middag.Markedet holder vejret op til eft..

Mest læste nyheder

  • 24 timer
  • 48 timer
  • 1 uge
1
Aktier/middag: Genmab og Novo trækker ned inden nyt fra Yellen
2
Mærsk/Danske: Løfter kursmål med 10 pct. - NY
3
Novo Nordisk indfører ansættelsesstop i Danmark - citat
4
Her er analytikernes forventninger til Janet Yellens tale
5
Aktier/tendens: Mærsk i fokus i ventet flad åbning

Relaterede aktiekurser

CS Group N 12,17 1,2% Stigning i aktiekurs
Credit Suisse Group Amer.. 12,35 -0,3% Fald i aktiekurs
The Blackstone Group L.P.. 27,44 -1,4% Fald i aktiekurs
Unilever DR 41,30 0,8% Stigning i aktiekurs
Unilever NV 46,07 -0,3% Fald i aktiekurs
Unilever PLC 46,66 -0,3% Fald i aktiekurs
Unilever PLC ORD 3 1/9P 3.548,78 -0,3% Fald i aktiekurs

Køb- og salgsanbefalinger

  • Trend
  • Pengemaskinen

Copyright Euroinvestor A/S 2016  Disclaimer Privatlivspolitik
Aktieinformation leveres af Interactive Data.
Data er forsinket 15-20 minutter iht. de enkelte børsers regler om videredistribution.
 
27. august 2016 04:51:51
(UTC+01:00) Brussels, Copenhagen, Madrid, Paris
Version: LiveBranchBuild_20160826.1 - EUROWEB7 - 2016-08-27 04:51:51 - 2016-08-27 04:51:51 - 1 - Website: OKAY

Når du besøger Euroinvestor.dk accepterer du, at der anvendes cookies, som vi og vores samarbejdspartnere benytter til funktionalitet, statistik og markedsføring. Læs mere om cookies på Euroinvestor.dk her

x