Apax, AEA and Franke vie for vending machine producer N&W

April 24, 2015 4:35 PM

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LONDON, April 24 (Reuters) - Italy's N&W Global Vending has received a handful of indicative bids from buyout funds and industry players looking to take control of one of Europe's largest vending machine makers, four sources familiar with the matter said.

London-based buyout fund Apax submitted an offer last week and is vying with U.S. private equity firm AEA Investors and Swiss kitchen equipment manufacturer Franke, two of the sources said.

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