Spotless, the French maker of laundry and cleaning products, could become the latest “pass-the-parcel” deal between private equity groups, after Axa Private Equity put it up for sale with a €600m-€700m price tag after withdrawing the company from sale two years ago amid the financial crisis. Several buy-out groups including Bridgepoint, BC Partners and Lion Capital are planning to bid by March in an auction being run by Lazard.

This entry was posted by Gwen Robinson on Thursday, February 4th, 2010 at 5:28 and is featured in The 6am Cut London (4 Feb 2010) . Tagged with axa, BC, bridgepoint, lazard, Lion, Spotless. Edit this entry.