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NOT A SUBSCRIBER?Candover may seek buyerPosted on March 16, 2009 5:28 AM
Struggling private equity firm Candover Partners Ltd., one of Britain's oldest and best known investors, is preparing talks with potential acquirers, it revealed Friday after bringing in banks to conduct a strategic review of its options and attempting to shrink its latest fund.
In a regulatory announcement, Candover Investments plc, the quoted cornerstone investor in Candover's funds, said it received "expressions of interest covering a range of options for the business including potential offers for the company." This is a free preview of the content available in The Deal Pipeline. Subscribers enjoy access to the full story, as well as second-to-none research tools. To request a demo, or, if you are an existing user to The Deal Pipeline, log in to your account, please scroll down and click the button. Dig deeper, with Pipeline.
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