Permira drops refinancing plans for frozen food firm Iglo
date:Jul 12, 2012
ed up to submit a joint bid for Iglo; however, they refuse to push beyond 2.5bn.
Permira acquired the Iglo from Unilever in 2006 for 1.7bn, and in July 2010, it expanded the operations by combining Iglo with Birds Eye unit and Unilever's other frozen-food business, Findus Italy.
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