Beamonte to Make Bid for Sare Holding as Soon as July 18

Beamonte Investments Inc. said it plans to make a bid to buy Mexican homebuilder Sare Holding SAB as soon as July 18, said Luis Trevino, managing director for Latin America at the Boston-based private equity company.

Beamonte plans to retain an investment bank for the transaction by tomorrow, he said today in a telephone interview from Boston. He declined to say how much the company will pay or the bank that will advise it on the deal.

To contact the editor responsible for this story: Jonathan J. Levin at jlevin20@bloomberg.net

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