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Private Equity Firm Receives Offers for Süd-Chemie Stake

4:42 AM MST | November 18, 2010 | Ian Young

Private equity firm One Equity Partners has attracted preliminary bids to acquire its controlling stake in Süd-Chemie (Munich), reports say. One Equity Partners, which holds a 50% stake in Süd-Chemie, is reviewing the preliminary offers and holding discussions with the potential bidders, reports add. One Equity Partners is evaluating all options for its 50% stake and may instead sell the shares via an initial public offering, reports say. About 25% of Süd-Chemie is publicly traded and the remaining 25% is held by individual shareholders. Any buyer...

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