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CVC Said to Bid About $2 Billion for Danish Cigar Maker STG

2014-11-28 22:27:22| Appliances - Topix.net

The owners of Scandinavian Tobacco Group A/S, a Danish manufacturer of cigars, are in talks with private-equity firms about a possible sale of the company, people with knowledge of the matter said. CVC Capital Partners Ltd., Rhone Capital LLC and Pamplona Capital Management LLP, are bidding for the Copenhagen-based company, said six people, who asked not to be identified because the talks are private.

Tags: bid billion maker danish

Category:Consumer Goods and Services

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