Private equity group CapVest has teamed up with its rival Blackstone to form a consortium to launch a £1bn bid for Unilever's European frozen foods business.
Reports suggest that it has hired Merrill Lynch and Deutsche Bank to advise it on the bid.
Unilever revealed earlier this year that it was selling its European frozen foods business, which includes brands such as Birds Eye and Iglo.
Reports suggest that it has hired Merrill Lynch and Deutsche Bank to advise it on the bid.
Unilever revealed earlier this year that it was selling its European frozen foods business, which includes brands such as Birds Eye and Iglo.
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