Permira closes in on Telepizza

20 Jul 2006

Private equity sponsor Permira is close to winning the auction for Spanish pizza delivery company Telepizza.

EuroWeek hears that ING and Royal Bank of Scotland may be arranging Permira's debt supporting the acquisition. The sponsor is working with Telepizza's chairman, Pedro Ballvé.

Telepizza's shares soared to Eu3.17 a share ...

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