date:Dec 24, 2012
une that didnt meet Permiras target of EUR 2.8 billion (USD 3.7 billion) to EUR 3 billion (USD 4 billion).
Just days after rejecting the bid, the firm had lined up a dividend recapitalization with Credit Suisse and Deutsche Bank. Permira then changed its mind and opted not to pursue the plan after it was unable to reach the level of dividend payout it wanted. Permira purchased Iglo from Unilever NV in 2006 for EUR 1.7 billion (USD 2.3 billion), and expanded it after buying Unilevers Findus busi