Deals
EQT, Bridgepoint Put Sale Processes on Ice Amid Market Turmoil
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European private equity firms are putting plans to divest portfolio companies on ice, as the market rout and weak business performance keep bidders away.
EQT AB is deferring the sale of software maker IFS, people with knowledge of the matter said. It collected initial bids earlier this month from buyout funds valuing the business at more than 3 billion euros ($3.3 billion), the people said.