Deals Rumor Mill: Carlyle, Versace, Foster Wheeler

Law360, New York (December 2, 2013, 1:18 PM EST) -- Investment giants Apax Partners LP, Carlyle Group LP and Baring Private Equity Asia each submitted an initial bid for Indian outsourcing firm SourceHOV, expected to fetch roughly $1 billion in the auction, the Times of India reported on Monday. In addition, a pair of unidentified strategic buyers have also entered the fray. SourceHOV landed on the selling block more than a month ago after its owners, Citi Venture Capital International and HOV Services, decided to exit the company. The sellers recruited Morgan Stanley to run the...
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