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U.S. buyout firm Lone Star has emerged as the frontrunner to buy the German building materials business of Saint-Gobain, known as Raab Karcher, in a deal valued at up to €400 million. Lone Star is using its Nordic building materials supplier Stark as an acquisition vehicle.
“Lone Star is using its Nordic building materials supplier Stark as an acquisition vehicle to purchase the unit, known as Raab Karcher.”reuters.com
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