Deals
American Bath Group Is Exploring Potential $2 Billion Sale
- Lone Star Funds-backed firm working with adviser on process
- Lone Star bought the Savannah, Tennessee-based company in 2016
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American Bath Group is exploring strategic options, including a sale, that could value the manufacturer of bathtubs and showers at as much as $2 billion, according to people with knowledge of the matter.
The Lone Star Funds-backed company is working with an adviser to run a sales process, said the people, who asked not to be identified because they weren’t authorized to speak publicly.