date:Jun 28, 2012
be divested if Blackstone and BC Partners come up with a better offer, reported Reuters.
Iglo was put up for sale in March 2012 after Permira received unsolicited expressions of interest from several companies.
Permira was expecting a sale price of around 3bn, eight or nine times the company's forecast Ebitda of 320m this year, which would make it one of the biggest private equity transactions of 2012.
The company bought Iglo from Unilever in 2006 for 1.7bn and then combined it with another froz