Rumors of Anixter sale revived by Bloomberg report

A story last week from Bloomberg cites unnamed “people with knowledge of the matter” to report that datacom wire and cable distribution giant Anixter International Inc., Glenview, Ill., is working with Goldman Sachs Group to find a buyer for the company.

Bloomberg named electrical distribution giant Rexel Inc., Paris, among the first-round bidders and said a second round of bids for Anixter will be sought next month. Anixter has a market value of $3.4 billion and rumors of its potential sale have been a recurrent theme over the past several years. 

Bloomberg story: “Sam Zell-Backed Anixter Said Working With Goldman Sachs on Sale”

TAGS: Datacom News
Hide comments

Comments

  • Allowed HTML tags: <em> <strong> <blockquote> <br> <p>

Plain text

  • No HTML tags allowed.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Lines and paragraphs break automatically.
Publish