Centrica sets Friday deadline for AA bids-sources

Newswire

LONDON, June 24 (Reuters) - Energy utility Centrica Plc has set a Friday deadline for final bids in the sale of its Automobile Association unit, sources close to the matter said on Thursday. Three private equity firms are expected to submit offers for the unit, including U.S. giant Kohlberg, Kravis, Roberts (KKR), CVC Capital Partners and Permira. One source said CVC and Permira were bidding together. Other buyout firms, including Cinven and The Blackstone Group, had been hoping to join ...

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