Picard Surgelés could be sold for Eu1.5bn

03 Jun 2010

BC Partners is looking to sell Picard Surgelés, the French frozen foods company.

Rothschild is advising the seller on the deal, which could be financed with as much as Eu900m of senior debt, according to bankers following the deal. A number of sponsors are interested and a staple financing is being put into place.

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