Home › Nomad Holdings to buy UK frozen foods maker Iglo for $2.8 billion
 

Keywords :   


Nomad Holdings to buy UK frozen foods maker Iglo for $2.8 billion

2015-04-20 17:26:04| Appliances - Topix.net

The deal is expected to be funded through a combination of Nomad's cash on hand, equity, and the proceeds from a private placement to raise about $750 million, Nomad Holding, an acquisition company formed in April 2014, said on Monday. UK-based Iglo sells its frozen food such as fish, vegetables and meat across 12 European countries, with a focus on the United Kingdom, Germany and Italy where it has manufacturing plants.

Tags: buy billion maker foods

Category:Consumer Goods and Services

Latest from this category

All news
15.11Bitcoin hacker sentenced to five years in prison
15.11Europe's flying taxi dreams falter as cash runs short
14.11UK must rebuild post-Brexit relations with EU, says Bank boss
14.11Meta fined 798m over 'unfair' Facebook Marketplace
14.11Meta fined 798m over 'unfair' Facebook Marketplace
14.11Amazon launches Temu and Shein rival with 'crazy low' prices
14.11Bid to soften farm tax change rejected by Treasury
14.11Bid to soften farm tax change rejected by Treasury
Consumer Goods and Services »
15.11 DVD-BOX5
15.11 100
15.11NIKE X (27)
15.11 MEMORIA8 HOOD Towel
15.1119HGLEFT
15.11
15.11X-PLUS
15.11 BoU CD
More »