Buyout firms tout 2 auto products deals -sources

Newswire

* Graphite to sell Micheldever, AAC selling U-Pol * 200 mln stg target for Micheldever seen ambitious * U-Pol owner hope to get 120-130 mln stg * Private equity, Canadian pension funds, trade eye deals By Simon Meads LONDON, June 28 (Reuters) - Buyout firms Graphite Capital and AAC Capital have kicked off the sales of two automotive products companies, hoping to capitalise on rivals' appetite for second-hand deals, sources familiar with the processes said. Graphite is hoping tyre ...

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