Marubeni in talks to acquire Carlyle-backed TiAuto
Business
Marubeni is in talks to acquire Carlyle-backed TiAuto Investments, according to people with knowledge of the matter. The deal for the South African retailer of automotive tires and parts may be valued at about 2.6 billion rand ($149 million), said the people who asked not to be identified as details of the transaction are private. Old Mutual’s private equity business is also an investor in the operator of Tiger Wheel & Tyre. Old Mutual Private Equity and other shareholders are at a "very
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