02/09/2014 07:45:05 Free Membership Login

Wells Enterprises Gets Interest From Private Equity Firms Including Oaktree -FT

Date : 07/31/2012 @ 5:40PM
Source : Dow Jones News
Stock : JPMorgan Chase & (JPM)
Quote : 59.45  0.29 (0.49%) @ 7:19AM
JP Morgan Chase share price Chart

Wells Enterprises Gets Interest From Private Equity Firms Including Oaktree -FT

JP Morgan Chase (NYSE:JPM)
Historical Stock Chart

3 Years : From Sep 2011 to Sep 2014

Click Here for more JP Morgan Chase Charts.

Wells Enterprises has put itself up for sale and hired J.P. Morgan Chase & Co. (JPM) to handle the auction process, the Financial Times reported on its website Tuesday citing people familiar with the matter.

The privately-owned company, which produces Blue Bunny ice cream, has drawn interest from a number of private equity buyers including Oaktree Capital Management, the FT reported.

First round bids were due in late June, the newspaper cited the people as saying.

The report said it was unclear which suitors made it to the second round, and that the company was expected to be sold for around $500 million.

Website: www.ft.com

Write to nymonitoring@dowjones.com

Subscribe to WSJ: http://online.wsj.com?mod=djnwires




Your Recent History
LSE
GKP
Gulf Keyst..
LSE
QPP
Quindell
FTSE
UKX
FTSE 100
LSE
IOF
Iofina
FX
GBPUSD
UK Sterlin..
Stocks you've viewed will appear in this box, letting you easily return to quotes you've seen previously.

Register now to create your own custom streaming stock watchlist.

NYSE and AMEX quotes are delayed by at least 20 minutes.
All other quotes are delayed by at least 15 minutes unless otherwise stated.

By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions

1 site:2 us 140902 07:45