10/12/2010
BLACKSTONE NEAR MIVISA´S PURCHASE.
U.S. Private equity firm Blackstone Group is near to close a deal to buy Mivisa, having made the only binding offer for the Spanish canned foods manufacturer. Apollo and Bridgepoint have also shown interest in the company based in Murcia.
The last word will be in hands of the private equity firm CVC Capital Partners, current Mivisa´s owner, which can reject the offer as insufficient. It seems that offer stands at around €900 million.
CVC entered Mivisa´s shareholding in 2005.