DaimlerChrysler gets five bids for MTU unit-paper

Newswire

LONDON, Aug 1 (Reuters) - German-American DaimlerChrysler has received five private equity led bids for its 1.8 billion euro ($2.04 billion) aeroengine business, The Financial Times reported on Friday. U.S. private equity firm JF Lehman, which had allied itself with Morgan Stanley , has now joined forces with U.S. private equity group Kohlberg Kravis & Roberts to bid for MTU Aero Engines, the newspaper reported without citing its sources. They join four others, including UK-based ...

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