DEALTALK-Bosch looking to Asia for buyers for brakes ops

Newswire

(For more Reuters DEALTALKs, click [DEALTALK/]) * Bosch hoping to divest brakes ops by yr-end-sources * Unit may fetch up to 500 million euros - sources * Experts expect Asian groups such as Mando to bid * Private equity groups like Advent also interested FRANKFURT, May 26 (Reuters) - German automotive supplier Robert Bosch [ROBG.UL] is seeking an Asian buyer for its foundation brakes business, which it is hoping to divest by the end of the year, two people close to the process ...

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