Blackstone, the world’s biggest buyout firm, has approached DaimlerChrysler about making an offer for its ailing US division, thought to be worth around €10bn, and has been given access to its books, reports the Times. It has approached DaimlerChrysler about a possible bid for Chrysler and is now seen as the leading contender to win control of the company. Blackstone is scrutinising the accounts of the unit before deciding whether to proceed with a formal offer.
