SPAIN: 3i, Ibersuizas eye 30% stake in Pascual

SPAIN: 3i, Ibersuizas eye 30% stake in Pascual

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Summary: Buy-out firms 3i and Ibersuizas are among the bidders looking to acquire a stake in Spanish dairy Leche Pascual, which the company has put on the block to raise cash in the face of a deepening recession, private equity executives told just-food today (10 December).

Word count: 175

Date: 10 December 2008

Source: Ivan Castano