German portaloo firm up for sale, private equity interested - sources
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FRANKFURT/MUNICH (Reuters) - German portaloo firm Adco, known for its Dixi and Toi Toi brands, is up for sale with four private equity groups in the last round of bidding for the 700-800 million euro (625 million pounds) firm, people close to the matter said. EQT, Triton, Apax and Core Equity Holdings are expected to submit binding offers by a July 10 deadline for the family-owned company with sales of 360 million euros, they added. The company was formed by a merger of the two portable toilet..