Nomad to buy Findus Group's European frozen food business

Nomad Foods has agreed to acquire Findus Group's European frozen food business for about 500 million pounds. The sellers, all of whom will receive 8.4 million shares of Nomad at the closing, include Highbridge Principal Strategies, Lion Capital LLP and Sankaty Advisors. UBS Investment Bank and Credit Suisse provided financial advice to Nomad on the transaction.

DealsNorth AmericaUSBriefs