By Stephen Aldred
HONG KONG, May 30 (Reuters) – Stanley Black & Decker Inc is among pot
ential bidders for private equity-owned Infastech, a Singapore-based industrial fastener maker with revenues of more than $500 million, sources with direct knowledge of the matter said.CVC Capital Partners and Standard Chartered’s private equity arm have hired Bank of America and Goldman Sachs to sell the business, the sources added, after buying it for about $350 million-$400 million in 2010.
First-round bids are due on Wednesday, they added. (…)
