Monday, April 23, 2007

UPDATE 1-KKR, Carlyle join race for Thomson unit -source

(Reuters) - KKR declined to comment, while Carlyle and Thomson officials weren't immediately available for comment.

The two private equity firms are competing separately against Apax Partners [APAX.UL], Warburg Pincus [WP.UL] and a team comprising Blackstone Group [BG.UL], Thomas H. Lee Partners [THL.UL] and Bain Capital, the Times newspaper reported on Monday without citing sources, and adding that bids could come in around $3.5 billion.


Read more at Reuters.com Mergers News

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