Cinven Considering Cash Offer for Mothercare, Telegraph Reports

Cinven Ltd., the private-equity firm that owns PizzaExpress, is considering a 150 million-pound ($235 million) takeover bid for Mothercare Plc (MTC), the Sunday Telegraph said.

Cinven’s assessment for a potential cash offer is at an early stage and there is no certainty of a takeover, the newspaper said, citing an unidentified source.

Cinven spokeswoman Vanessa Maydon declined to comment when contacted by phone today.

To contact the reporter on this story: Tony C. Dreibus in London at tdreibus@bloomberg.net

To contact the editor responsible for this story: Claudia Carpenter at ccarpenter2@bloomberg.net

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