Financial Times FT.com

Private equity circles HeidelbergCement

By Daniel Schäfer in Frankfurt and Martin Arnold in London

Published: January 16 2009 13:30 | Last updated: January 16 2009 19:06

Goldman Sachs, TPG and Bain Capital are to consider an investment in HeidelbergCement, the debt-ridden cement maker belonging to the family of Adolf Merckle, the German billionaire who committed suicide last week.

People familiar with the buy-out groups on Friday said the three had joined forces to express interest in a large stake in one of the biggest cement makers in the world, preferably giving them majority control of the company.

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