Only two bidders left for VW's Europcar -paper

Newswire

FRANKFURT, Feb 23 (Reuters) - A consortium of financial investors, Carlyle, Clayton Dubilier & Rice and Merrill Lynch Global Equity, has dropped out of the race to buy Volkswagen's Europcar car rental arm, a newspaper said on Thursday. The Frankfurter Allgemeine Zeitung said the investors had abandoned plans to submit an offer as their ownership of Europcar rival, Hertz, posed antitrust problems. The paper also said in an advance copy of Friday's edition that car rental firm Sixt had ...

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