ADVFN - Advanced Financial Network.
HOME» NYSE » B » BX Stock Price » BX Stock News

Blackstone Grp Lp Ut Share News

 Blackstone Grp Lp Ut Stock Price
BX Stock Price
 Blackstone Grp Lp Ut Stock Chart
BX Stock Chart
 Blackstone Grp Lp Ut Stock News
BX Stock News
 Blackstone Grp Lp Ut Company Information
BX Company Information
 Blackstone Grp Lp Ut Stock Trades
BX Stock Trades

Buyout Funds Submit Offers For Food Group Iglo Thursday - Sources

By Marietta Cauchi and Jessica Hodgson Of DOW JONES NEWSWIRES LONDON -(Dow Jones)- A handful of private-equity firms will submit first-round bids for frozen-food company Iglo Group by Thursday's deadline, people familiar with the situation told Dow Jones Newswires. Bain Capital, Clayton Dubilier & Rice, PAI Partners, Blackstone Group LP (BX) and BC Partners are expected to put in bids, the people added. Permira, the private-equity owner of Iglo, has hired Credit Suisse Group AG (CS) to run the auction for the business, which has been valued between EUR2.5 billion and EUR2.6 billion, or between eight and nine times earnings before interest, taxes, depreciation and amortization. Iglo is Europe's largest frozen-food company by sales and makes products under the Captain Birds Eye and Findus brands in Italy. It posted Ebitda of EUR325.8 million on revenue of EUR1.6 billion for 2011. Permira bought Iglo from Unilever PLC (UL) for EUR1.7 billion in 2006, and in July 2010 recombined Birds Eye with Unilever's other frozen-food business, Findus Italy, in a GBP675 million deal. -By Marietta Cauchi and Jessica Hodgson, Dow Jones Newswires; +44 207 842 9241; marietta.cauchi@dowjones.com

Stock News for Blackstone Grp Lp Ut (BX)
DateTimeHeadline
12/17/201420:17:47Banks Find Niche Helping Firms Defend Against Activists
12/15/201423:31:04InterContinental to Buy Kimpton Hotels
12/15/201423:26:19InterContinental to Buy Kimpton Hotels -- Update
12/11/201405:00:05Shell Looks to Sell Tongyi Stake
12/11/201404:42:43Shell Looks to Sell Stake in China Lubricants Business Tongyi
12/10/201419:01:21Firms Unveil Plans to Sell Shares in IPO-Backed Companies
12/09/201417:07:12Singapore Acquisitions Hit a Record High
12/07/201420:30:09BlackBerry Plans Medical Tool for Its Passport Smartphone
12/02/201418:24:04Singapore's GIC Fund Wagers on U.S. Property
12/02/201401:11:31Blackstone to Sell IndCor to GIC Venture for $8.1 Billion...
12/01/201418:11:10Blackstone Reaches Agreement to Sell IndCorp to Asian Venture...
12/01/201412:59:34Deutsche Bank Expected to Sell Arrowgrass Stake -- Update
12/01/201411:27:23Deutsche Bank Expected to Sell Arrowgrass Stake to Foundation...
11/24/201420:10:06Blackstone Invests in Australia's National Lifestyle Villages
11/21/201407:00:19Blackstone to Buy General Electric's Japan Property Business
11/18/201418:03:24Blackstone Buys Australian Chemicals Business
11/17/201422:10:11Blackstone to Sell Manhattan Skyscraper for About $2.25 Billion:...
11/17/201419:38:11Blackstone in Deal to Sell Manhattan Skyscraper for About $2.25...
11/03/201415:08:47Byron Wien: Slow Growth Good for Stock Market -- Barron's
10/16/201409:44:37U.S. Hot Stocks: Hot Stocks to Watch

Blackstone Grp Lp Ut and other New York Stock Exchange stock quotes are delayed by at least 20 minutes.
All other stock price data is 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
Contact Us | Copyright 1999-2007 ADVFN PLC. | Privacy Policy | Investment Warning | Data accreditations | Investor Relations

ADVFNADVFN ItalyADVFN GermanyADVFN FranceADVFN BrazilADVFN JapanADVFN UKADVFN US noad