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

Credit Suisse Grp. Share News

 Credit Suisse Grp. Stock Price
CS Stock Price
 Credit Suisse Grp. Stock Chart
CS Stock Chart
 Credit Suisse Grp. Stock News
CS Stock News
 Credit Suisse Grp. Company Information
CS Company Information
 Credit Suisse Grp. Stock Trades
CS Stock Trades

Permira Rejects Offer For Iglo From Blackstone, BC Partners - Sources

By Marietta Cauchi LONDON -(Dow Jones)- Permira has rejected a EUR2.5 billion bid (about $3.14 billion)for frozen food business Iglo from Blackstone Group (BX) and BC Partners because it came in under the price the buyout owner wanted, people familiar with the situation told Dow Jones Newswires on Monday. Permira had put a price tag of between EUR2.8 billion and EUR3 billion on Iglo, the people added. 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. Write to Marietta Cauchi at marietta.cauchi@dowjones.com

Stock News for Credit Suisse Grp. (CS)
DateTimeHeadline
06/24/201618:00:00Medpace Files for IPO
06/24/201614:50:00European Banks Take Beating After 'Brexit' Vote -- Update
06/24/201609:09:00European Banks Take Beating After 'Brexit' Vote -- 2nd Update
06/24/201605:20:00European Banks Take Beating After 'Brexit' Vote
06/23/201603:02:00Swiss Bank's Israel Unit Examined -- WSJ
06/22/201617:53:00ADRs End Mixed; GOL Rises
06/22/201614:30:00U.S. Probes Credit Suisse Over Possible Client Tax Evasion at...
06/22/201613:54:00U.S. Investigates Credit Suisse Over Possible Client Tax Evasion...
06/16/201611:00:00Swiss National Bank Tells UBS and Credit Suisse to Bulk Up
06/16/201610:39:00Swiss National Bank Tells UBS and Credit Suisse to Bulk Up
06/16/201609:21:00AXA is a Proud Gold Sponsor of the 2016 New York City Pride Festival
06/15/201608:00:00Watch List for Foreign Money Center Banks Equities -- Banco Santander...
06/14/201621:50:00MSCI Says Saudi Stock Market Needs Easier Access for Foreigners
06/14/201614:40:00Retail Strength Gives Fed Some Clarity on Growth Outlook
06/14/201609:39:00AXA Refines Long-Term Care Rider Offering To Align with Needs...
06/09/201611:52:00Commodities Slightly Decreased in May due to Fundamental Factors
06/09/201611:27:00AXA Strengthens Ties between Insurance Industry and Data Ecosystem
06/08/201620:50:00UBS Will Cut Recruitment of New U.S. Brokers by 40%
06/08/201609:40:00Regulators Allow Large Foreign Banks More Time on Next 'Living...
06/08/201609:36:00Regulators Allow Large Foreign Banks More Time on Next 'Living...

Credit Suisse Grp. 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

ADVFNADVFN ItalyADVFN GermanyADVFN FranceADVFN BrazilADVFN JapanADVFN UKADVFN US noad