York: According to a report on the online edition
of the The Detroit News private equity firm Blackstone
Group is a leading contender to acquire Chrysler, the
US division of German automaker DaimlerChrysler AG.
was merged with DaimlerChrysler in 1998.
to the report, Blackstone has prepared a detailed analysis
of Chrysler`s finances and operations prior to making
a formal bid. Other possible contenders named in the
reported to be Cerberus Capital Management.
Carlyle had also been linked with the beleaguered automaker,
once a part of the "big three" US automakers
GM had held preliminary talks with DaimlerChrysler about
an outright acquisition of Chrysler through a share
to other media reports, private equity firms are expected
to be among the potential bidders for Chrysler that
would consider the automaker's sale-related documents.