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

Stock News for Credit Suisse Grp. (CS)
11/24/201516:30:03Why I Am Still a Lululemon Athletica Inc. Bear
11/23/201513:35:00Morgan Stanley Hires $5 Billion Team From Credit Suisse -- Street...
11/23/201502:05:00Credit Suisse Raises $1.29 Billion From Capital Increase
11/20/201514:20:00Diebold to Announce Official Offer for Wincor Within Days
11/18/201509:12:00Credit Suisse Announces Coupon Payment on its Credit Suisse X-Links...
11/17/201517:59:00ADRs End Mostly Lower; JA Solar Falls
11/17/201507:45:00U.S. Executive At Credit Suisse To Step Down
11/17/201503:07:00Credit Suisse Taps Malhotra to Lead Unit for Wealthy Asia Pacific...
11/16/201512:25:00Credit Suisse's U.S. Private-Banking Chief Departs -- Update
11/16/201510:50:00Credit Suisse's U.S. Private-Banking Chief Departs
11/16/201510:43:00Credit Suisse's U.S. Private-Banking Chief Departs
11/16/201509:41:00The Credit Suisse Hedge Fund Index finished up 0.53% in October
11/13/201503:50:00Cerberus Pockets Northern Rock Loans
11/10/201521:30:00Asian Markets Make Tepid Gains Ahead of China Data
11/10/201515:10:00Wells Fargo 'Pleased' With Credit Suisse Deal So Far
11/10/201511:06:00October Sees Fundamental Factors Drive Commodity Markets
11/09/201503:02:00Investors Turn Sour On Risky Deal Debt
11/08/201521:00:00Deutsche Bank to Promote Nayak as Global Head of Fixed Income
11/08/201519:57:00Takeover Loans Have Few Takers on Wall Street
11/05/201511:59:00U.K. Takeover Panel Criticizes Credit Suisse, Law Firms on Creation...

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 1999-2007 ADVFN PLC. | Privacy Policy | Investment Warning | Data accreditations | Investor Relations