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Russian-born billionaire bids for Iberconsa as Portobello eyes €300m payday

A private equity controlled by a Russian-born billionaire is reportedly in the running for Spain’s Iberconsa, which recently inked a deal for a processing plant

By Tom Seaman | July 27, 2018 18:01 BST
Iberconsa Argentine shrimp
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A private equity controlled by a Russian-born billionaire is reportedly in the running for Grupo Iberica de Congelados (Iberconsa), which is being valued at €600 million ($700m) by its current majority owners, Portobello Capital Management [...]

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