Lion Capital is in talks over a sale of Findus's Nordic operations. (Photo: Stock File/FIS)
(UNITED KINGDOM, 2/7/2012)
Private equity investor Lion Capital is progressing with discussions to split up UK frozen food maker Findus and thereby avoid breaching the terms of the latter's GBP 700 million (EUR 840.96 million) debt.
Lion Capital and its advisers are in talks with three groups over a sale of Findus's Nordic operations. The groups are Nestlé, Norwegian consumer goods group (More Info)