LONDON Aug 15 Private equity funds TPG
, Nordic Capital, CVC and Cinven are
among those to have put in first-round bids for Finnish
insulation material maker Paroc, five sources familiar with the
matter said on Friday.
First round bids were due last week, with one source saying
the company could be worth 700 million euros ($937 million) to
750 million euros.
Reuters reported in February that Lazard was running
the sale. Lazard and the private equity firms declined to
comment. Paroc was not immediately available to comment.
(Reporting By Freya Berry; editing by Pamela Barbaglia)