Sam Zell-Backed Anixter Said Working With Goldman Sachs on Sale – Bloomberg

Article by · 2014/03/05 ·

Anixter International Inc., the parts maker for cable and specialty wiring systems that counts investor Sam Zell and his son Matthew as board members, is working with Goldman Sachs Group Inc. to find a buyer, people with knowledge of the matter said.

The company’s largest shareholder is Chai Trust Co., a division of Zell’s Equity Group Investments. Sam Zell is chairman and his son is a director. Anixter, which has a market value of about $3.4 billion, will look for second-round bids next month, said one of the people, who asked not to be identified because the process is private. (…)

via Sam Zell-Backed Anixter Said Working With Goldman Sachs on Sale – Bloomberg.