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Private equity interest expected in Merckle empire sale

Buyout firms are expected to take an interest in the sale of assets belonging to VEM, the holding company of German businessman Adolf Merckle, who committed suicide earlier this week, but any bids would likely have to come from a consortium due to high valuations.

Following Merckle's suicide earlier this week his family is expected to sell assets to pay off some of the VEM's debts. VEM could not be reached for comment.

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