Buying - Germany - KKR, Dubai lead in Daimler diesel unit sale
Germany -Reuters/UK -Nov 01, 2005: -- Kohlberg Kravis Roberts and Dubai International Capital are front runners to buy units being sold by Germany's DaimlerChrysler for about 1.7 billion euros ($2.04 billion), a source familiar with the situation said... The grouping retains pole position going into the final round of bids despite the re-emergence as a bidder this week of German truckmaker and industrial group MAN, which had previously pulled out of the auction... The group of businesses being auctioned includes heavy diesel engine business MTU Friedrichshafen as well as Detroit Diesel's off-highway unit, the source said. Buyout firm EQT is also bidding, he said...
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