European private equity fund Triton Partners, which was in the running to buy Icelandic Group, is bidding for control of frozen food giant Findus Group.
European private equity group Triton Partners is vying for control of frozen food giant Findus Group, with a £230 million (€285.8 million/$358.1 million) bid on the table, said sources familiar with the process.
Triton, which was in negotiations to acquire Icelandic Group at the end of 2010, is up against Findus owner Lion Capital, which has teamed up with other holders of Findus’ mezzanine debt, hedge funds Highbridge and JP Morgan.
Lion
