Buyout groups vie for wheelchair maker Sunrise Medical -sources

May 13, 2015 1:14 PM

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FRANKFURT May 13 Buyout groups IK and Nordic Capital are vying for Germany-based wheelchair maker Sunrise Medical in a potential 450 million euro ($507 million) deal, two people familiar with the transaction said.

Private equity group Equistone, formerly known as Barclays Private Equity, has allowed the two investors as well as a family office -- a vehicle handling the assets of a wealthy family -- to submit final bids ahead of an end-May deadline, they added.

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