Four private equity firms are bidding to buy Sweden’s Bravida, worth around USD1 billion, according to Reuters. The PE players involved are EQT, Apax Partners, Bain Capital and PAI Partners. It is currently owned by another PE fund, Triton.
Yet another Northern European transaction is in the news due to buyout fund interest. UK-based Iglo is putting together a EUR 2 billion debt package to finance a buyout because Permira is considering the sale of the frozen food group. Reuters writes that this is “hefty deal” and there are not many which could be done at this size. (Image Source: bravida.com)