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
12/08/201612:59:00Credit Suisse Names Robert Peck as Head of Global Internet Investment...
12/08/201612:58:00Correction to Credit Suisse Hire Story
12/08/201610:30:00Credit Suisse Names New Head of Global Internet Investment Banking
12/08/201610:24:00Credit Suisse Names Robert Peck as Head of Global Internet Investment...
12/07/201611:06:00Dollar Eases Against Euro Ahead of Central-Bank Decisions
12/07/201604:50:00Banks Lead Shares Higher
12/07/201604:08:00Credit Suisse Trims Targets But Says Revamp is Working -- Update
12/07/201603:00:00Credit Suisse Trims Targets But Says Revamp is Working
12/07/201601:37:00Credit Suisse Lowering Profit Target for Asset Management
12/05/201618:04:00ProShares, US Commodity Funds Move to Fill Gap for Oil Bets
12/05/201608:30:00Credit Suisse Announces Coupon Payments and Expected Coupon Payments...
12/05/201603:30:00Shenzhen-Hong Kong Trading Link Gets Off to Slow Start
12/03/201603:02:00Broker Goes From Bonus to Bankruptcy -- WSJ
12/02/201612:07:00From Multiple Million-Dollar Brokerage Bonuses, to Bankruptcy
12/01/201611:17:00The AXA Cyber Security Conference: It’s All About the Data
11/30/201612:50:00Cash Crunch Looms Over India's Growth Spurt
11/28/201608:05:00BNY Mellon Selected as Successor Depositary by Credit Suisse...
11/24/201606:10:00China's Anbang Insurance Plans First International Bond Issue
11/24/201600:20:00Rio Tinto Underspends Already-Low Forecast
11/22/201618:00:00Brady Dougan Gets Back in the Game With $3 Billion Investment

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 1999-2016 ADVFN PLC. | Privacy Policy | Investment Warning | Data accreditations | Investor Relations

ADVFNADVFN ItalyADVFN GermanyADVFN FranceADVFN BrazilADVFN JapanADVFN UKADVFN US