Chinese for the ISS sovereign wealth funds

China Investment Corporation bid with Apax Partners, a private company in which it invests. Apax is one of at least seven buyout companies signed nondisclosure agreement with the owners of ESS - Goldman Sachs and EQT Sweden agreements.

Other bidders are a consortium of BC Partners, Bain, Nordic Capital and Clayton, Dubilier & Rice and pairing of HVAC and Blackstone.Apollo and Warburg Pincus could bring capital bidders to neuf.La date first ballot deadline is November 17.

Jeff Gravenhorst, CEO of ISS, said Monday that he still believed "solution probably is an industrial property office".Cependant, he acknowledged the company pursued a process owners double-track. An IPO could see a double-list and London.

ISS, which is the fourth-most large company of the planet by employees with 520 000 staff said 2 months ago that he had hired Morgan Stanley and Goldman to explore "strategic options".Any transaction is likely to be one of the largest in the first quarter of 2011.

ISS was acquired by Goldman and TEQ for $3. 2005.Il 7bn was €9 United sales year dernière.La net debt is approximately €4 United.


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