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23-03-14

US Clayton Dubilier & Rice to receive four bids for Mauser

(MENAFN) Britain's Sky News reported that private equity firm Clayton Dubilier & Rice (CD&R) will receive four USD 1.497 billion worth bids for Germany-based, but Dubai-owned, packaging group Mauser, according to the Emirates 24/7. CD&R had asked buyout groups to submit binding bids for Mauser. Another two assets are also on hold. If the sale of Mauser by Dubai International Capital (DIC) goes as planned, it would be one of the largest asset disposals since 2009.