buyout2

Big Buyouts Bidding Wars

by

July 2, 2012

This week’s largest deal looks to be a second PE bid for frozen foods maker Iglo Group. According to Reuters, Blackstone and BC Partners are working on a higher offer after Permira rejected their recent EUR 2.5 billion bid. In the meantime, the price for Quest has gone up to USD 2.32 billion. We reported it as last week’s deal of the week as a USD 2.17 billion bid from Insight Venture Partners and Vector Capital. The higher bid is rumored to come from strategic buyer Dell.

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