Monday, April 30, 2007

Former Asda chief eyes bid for CDR's Brakes--paper

(Reuters) - Comments were not immediately available from Norman, CVC or Cinven.

People familiar with the matter told Reuters in November that private equity firm Clayton Dubilier Rice was mulling the sale of its Brakes business in the second half of 2007 as it seeks to realise returns from older investments. The buyout firm bought the business in 2002 for 434 million pounds.


Read more at Reuters.com Mergers News

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