Private equity firm CD&R frontrunner for Dubai-owned Mauser -report | Reuters

Private equity firm CD&R frontrunner for Dubai-owned Mauser -report | Reuters:



"Private equity firm Clayton Dubilier & Rice LLC (CD&R) is the frontrunner among four bidders for Germany-based, but Dubai-owned, packaging group Mauser, Britain's Sky News reported on its website on Saturday, without citing its sources.



People familiar with the auction told Reuters earlier this month that the private equity arm of Dubai Holding had asked buyout groups to submit binding bids for Mauser, after putting on hold a larger auction which comprised two additional assets.



If it goes ahead, the sale of Mauser by Dubai International Capital (DIC) would be one of the largest asset disposals by the emirate since its debt crisis in 2009."



'via Blog this'