Rival Groups Set to Bid on Securitas Direct

Two rival consortium are gearing up for bids to buy Swedish alarms firm Securitas Direct, Reuters reported. Stanley Black & Decker is expected to team up with the Carlyle Group on a bid for Securitas Direct, which is currently owned by Swedish private equity group EQT. A second consortium of Bain and Hellman & Friedman is also expected to make a bid, Reuters reported.

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