Potential bidders circle Dutch retailer Vendex

Vendex KBB, a Dutch quoted retail group, is considering approaches from private equity houses which could value the company at €1.28bn ($1.6bn).

The company said the €14 per share approaches for the whole group were "preliminary and non-binding", and may or may not lead to a public offer. It did not disclose who was interested or whether it has appointed financial advisers during "exploratory discussions".

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