date:Jul 12, 2012
o three years, and will seek acquisitions in Eastern Europe and other markets.
Permira initiated the divestment of Iglo this year after it received unsolicited expressions of interest from several companies and it hired Swiss banking firm Credit Suisse to handle the auction. In the auction process, companies such as Bain Capital and Clayton, Dubilier Rice were not able to clear the first round of bidding.
Blackstone and BC Partners, which had previously been competing over the acquisition, team