Cars.com Said to Draw Interest From Cox Enterprises, Apax

Cox Enterprises Inc., the media holding company, and London-based buyout firm Apax Partners LLP, are interested in bidding for auto-sales website Cars.com, people with knowledge of the matter said.

The group of newspaper publishers that’s working with Moelis & Co. to explore a sale of Cars.com hasn’t formally solicited bids for the business yet, said the people, asking not to be identified because the information is private. The site, visited by more than 11 million potential car buyers a month, may fetch $2.5 billion in a sale, one of the people said.