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Thai buyer CP Foods has sights on Birds Eye

Posted on 14 May 2012.

Thai buyer CP Foods has sights on Birds Eye

Captain Birdseye could be about to embark on his longest voyage. The fish finger maker, part of food group Iglo, is in the sights of a Thai conglomerate that wants to buy the business and export its wares to Eastern Europe and Asia.

CP Foods, Thailand's top food producer, is one of a handful of bidders for Iglo, which has been put up for sale with a £2.5 billion price tag by its private-equity owner Permira.’

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