Nov 04, 2009 (SmarTrend(R) News Watch via COMTEX News Network) -- 11/4/2009 - Bain Capital is reportedly engaged in exclusive talks with Citigroup (NYSE:C) to buy its Japanese telemarketer, Bellsystem24, according to a Reuters report that cites people familiar with the transaction. Permira and a team of CVC Capital and Blackstone (NYSE:BX) also participated in the final round of bidding, which closed last Friday. Bain Capital will retain exclusive bidding rights until Friday, the sources said. The deal could be worth more than $1 billion.
Write to Chip Brian at cbrian@tradethetrend.com
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