:. Food Industry News

Categories: Mergers and Acquisitions

Permira Considers Ebro-Puleva Offer - Report

Source: Reuters
26/11/2007

Madrid, Nov 26 - British private equity group Permira is studying the accounts of Spanish food company Ebro Puleva ahead of a possible offer, El Economista newspaper reported on Monday, citing Permira sources.

Daily News Alerts

"It's a company we like and we're certainly studying their books," a source told El Economista, adding that a decision had yet to be made on whether the firm would make an offer.

Permira and Ebro Puleva officials were not immediately available to comment on the report.

Ebro Puleva shares have lost 30 percent of their value since the beginning of the year due to a rise in raw material costs.

Spain's largest publicly traded food company is currently valued at around 2 billion euros.

More than 60 percent of the company's stock is free floating, the rest held by various Spanish savings banks, the Hernandez family, the Spanish state and the Damm group.



GO   View more articles on this subject


More Alerts from 26/11/2007


Email This Article To A Colleague     Print A Copy Of This Page
 
 
 
 
FLEXNEWS - Business News for the Food Industry

About Us | Contact Us | Terms & Conditions | Privacy Policy
 
Daily News Alerts
Related Items
Ebro, British Sugar in Sugar Unit Talks - Source
Ebro to Sell Sugar Unit to British Sugar
Ebro Puleva 9-Month Net Seen Up 82 pct
UK's ABF Eyes Azucarera Ebro Bid
Südzucker Interested in Ebro Puleva's Sugar Operations
Ebro Puleva Profits Soar 60% to EUR78.6 Million in...
Spain's Ebro Denies 400 Mln Euro Bid for Sugar Unit
Ebro Puleva: Net Turnover up 10% to 717 Million Euro...
Ebro Puleva: Study of the Possible Sale or Spin-Off...
Ebro Puleva Reaches Agreement in Principle for the...

More in Food Industry News
Sugar Weakens on Bleak Global Economic Outlook
Flavors Business and the Developing World to Fuel IFF's...
Ebro to Sell Sugar Unit to British Sugar
PepsiCo to Reaffirm Full-Year 2008 Core EPS Guidance
China Lays Out Plan for Dairy Industry Reforms by End...
Healthy Coffee Accelerates International Expansion...
Bonduelle Completes Purchase of Belgian Canned Vegetable...
San Miguel Ordered to Pay Rival Brewery US$2.7 Million...
Colombia: Coffee Production and Exports Forecast to...
Ebro, British Sugar in Sugar Unit Talks - Source

Top Headlines
Sugar Weakens on Bleak Global Economic Outlook
Flavors Business and the Developing World to Fuel IFF's...
Ebro to Sell Sugar Unit to British Sugar
PepsiCo to Reaffirm Full-Year 2008 Core EPS Guidance
China Lays Out Plan for Dairy Industry Reforms by End...
Healthy Coffee Accelerates International Expansion...
Bonduelle Completes Purchase of Belgian Canned Vegetable...
Beverages Comprising a Rice Extract, Derivatives Thereof,...
Enzyme Preparations Yielding a Clean Taste
Co-Precipitated Carrageenan/Xanthan Gum Compositions...
Composition Comprising Licorice Polyphenol
Ivorian Cocoa Crop Seen Down at 1 Million Tonnes
San Miguel Ordered to Pay Rival Brewery US$2.7 Million...
Colombia: Coffee Production and Exports Forecast to...
UAE New Melamine Certification Requirements for Dairy...
Indonesia Says Aims to Export Sugar in 2009
EU Agrees Deal on Reforming Farm Policy to 2013
India Tea Exports to Cross 200 Million Kg in FY2009...
Gates' Fund Raises Stakes in Mexico Drinks Companies...
Lance Named Lead Bidder for 2 Bankrupt Snack Food Companies
Blue Diamond Says Confidence is Key to Future Market...
Ahold Earnings Q3 2008; Operating income Up 10%; Net...
Frutarom Continues to Implement its Rapid Growth Strategy
Fast-Food Advertising Ban Could Cut Child Obesity -...
Sara Lee to Close and Sell Plant, Cut 185 Jobs
Bunge CFO Says Company in 'Comfortable Position' Regarding...
Itochu to Invest $710 Mln in Ting Hsin
Canada: Metro Inc's Profit Rises Despite Flat Sales
New Brazilian Bunge Sugarcane Mill Operational in May
Sime Enters China's Palm Oil Refinery Business
Dutch Private Label Beverage Maker Refresco Sees Expansion...
Fat Replacer for Bakery and Patisserie Applications
Nutrition Containing Fat Blend


 


FLEXNEWS 2008 - All rights reserved
ISSN 1950-6228