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Rumors of Anixter sale revived by Bloomberg report

Feb. 24, 2014
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.

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”