Wilbur Ross' IAC mulls sale along with IPO-sources

Newswire

NEW YORK/FRANKFURT, Jan 26 (Reuters) - Representatives of billionaire investor Wilbur Ross have reached out to several auto parts makers, including Faurecia , to gauge their interest in buying his auto interiors business, International Automotive Components Group (IAC), people familiar with the matter said. The preliminary approaches regarding a potential sale come at the same time as IAC has hired Bank of America Corp and JPMorgan Chase & Co to begin work on an initial public ...

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Jul 26, 2016
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