LBO Firms Line Up For Desjonqueres

Compagnie de Saint-Gobain SA will receive four buyout bids next week for its perfume bottling subsidiary Desjonqueres, according to Dow Jones. The offers will be worth approximately Euro 600 million each, with likely bidders including The Carlyle Group, PAI Partners, LBO France and a partnership of Sagard and Electra Partners. Both 3i Group and Piramal Industries (India) had expressed initial interest, but have since dropped out of the running.