date:Apr 23, 2012
he Wall Street Journal reported, citing people familiar with the deal.
Iglo is expected to post earnings before interest, tax, depreciation and amortisation (Ebitda) of 325m in fiscal 2011, while sales are likely to be above 1.1bn. Permira expects the sale to fetch 2.5bn- 2.9bn, around eight or nine times the Ebitda, which will make the deal one of the biggest private equity transactions of 2012.
The auction of Iglo was initiated after Permira received unsolicited expressions of interest from se