ADVFN - Advanced Financial Network.
HOME» NYSE » C » CBR Stock Price » CBR Stock News

Ciber Share News

 Ciber, Inc. Stock Price
CBR Stock Price
 Ciber, Inc. Stock Chart
CBR Stock Chart
 Ciber, Inc. Stock News
CBR Stock News
 Ciber, Inc. Company Information
CBR Company Information
 Ciber, Inc. Stock Trades
CBR Stock Trades

Blackstone, BC Partners to Submit Joint Bid for Iglo

-- Blackstone, BC to team up in bid for Iglo -- Pair plan to put in joint bid later Thursday -- Buyout companies were previously rival bidders LONDON--Buyout companies Blackstone Group L.P. and BC Partners will submit a joint bid for Europe's largest frozen-food company, privately-owned Iglo, in time for a Thursday deadline, people familiar with the matter said. The two groups have decided to team up 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. It's unclear if there are now any additional bidders for the asset. 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. At various points in the sale process other bidders have included Thai food conglomerate Charoen Pokphand PCL (CPF.TH), Clayton Dubilier & Rice Inc and Bain Capital LLC. Press reports have suggested that some banks balked at providing debt for the Iglo deal due to current credit market conditions in Europe, and that the offer from Blackstone and BC Partners is likely to come in below Permira's price expectations of between EUR2.5 billion and EUR2.6 billion. Permira declined to comment on the reports. A person familiar with the matter said that if the Blackstone and BC Partners offer isn't attractive enough, Permira will abandon the sale. -Write to

Stock News for Ciber (CBR)
06/28/201608:20:00Technology Sector Stocks Technical Coverage -- Towerstream, CDW...
06/28/201606:02:18Annual Report of Employee Stock Plans (11-k)
06/22/201617:25:31Amended Current Report Filing (8-k/a)
06/21/201616:34:20Amended Statement of Beneficial Ownership (sc 13d/a)
06/17/201616:04:36Current Report Filing (8-k)
06/16/201606:02:17Current Report Filing (8-k)
06/14/201616:15:13Ciber, Inc: Ciber-CMC Joint Venture Corporation Recognized by...
06/13/201618:59:40Statement of Changes in Beneficial Ownership (4)
06/13/201618:59:12Statement of Changes in Beneficial Ownership (4)
06/13/201618:58:43Statement of Changes in Beneficial Ownership (4)
06/10/201608:00:34Ciber, Inc: Ciber Named to CRN's 2016 Solution Provider 500 List
06/09/201617:08:02Current Report Filing (8-k)
06/07/201618:03:01Statement of Changes in Beneficial Ownership (4)
06/06/201608:31:00ManpowerGroup Further Strengthens IT Capabilities Through Acquisition...
06/06/201607:13:06Current Report Filing (8-k)
06/06/201607:00:00ManpowerGroup Further Strengthens IT Capabilities Through Acquisition...
06/03/201616:41:50Amended Statement of Beneficial Ownership (sc 13d/a)
06/01/201608:01:24Ciber, Inc: Ovum Recommends New, Optimal Approach for Legacy...
05/31/201607:01:25Additional Proxy Soliciting Materials (definitive) (defa14a)
05/23/201607:20:42Current Report Filing (8-k)

Ciber 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 1999-2015 ADVFN PLC. | Privacy Policy | Investment Warning | Data accreditations | Investor Relations