Acquisition?

As reported by www.telegraph.co.uk: “There were a flurry of private equity deals yesterday as well as rumours that there may be imminent exits from portfolio companies. One source said that Electra Private Equity was in advanced negotiations to sell Tensar [International]. The source said that Tensar, which manufactures soil reinforcement and ground stabilisation products for the construction industries, could be sold for up to £80m. It is thought the mystery buyer is already carrying out due dilligence on the business.”