Deals
Arrow Global Said to Attract Interest From Buyout Firms
- Firms including Apax said to have weighed potential takeover
- British loan manager’s shares rise most since IPO in 2013
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Arrow Global Group Plc, the British firm that buys and manages delinquent loans, has drawn interest from private equity companies including Apax Partners LLP, according to people familiar with the matter.
Buyout firms have been evaluating potential offers to see if it would be feasible to take the company private, the people said, asking not to be identified because the discussions are private. Deliberations are at an early stage and may not result in a transaction, the people said.