date:Jun 22, 2012
A spokeswoman for Iglo told FoodManufacture.co.uk:We are working with Blackstone.But she refused to confirm or deny press reports of a joint bid for Iglo, which valued the group at $3bn.
Iglo, owner of the Birds Eye brand in Europe, was bought by present owner Permira from Unilever for 1.7bn six years ago.
50% stake
If the deal goes ahead, BC Partners and Blackstone will both a 50% stake in the business.
Iglo produces and markets premium branded frozen food products in 11 countries and dis