By Emma-Victoria Farr and Pamela Barbaglia
FRANKFURT (Reuters) – Providence Equity Partners is in exclusive talks with Rothschild’s buyout fund Five Arrows Principal Investments (FAPI) to buy French automotive data firm A2Mac1 for about 1.4 billion euros ($1.36 billion), two sources familiar with the matter told Reuters.
Providence has trumped rival bids from buyout funds EQT and TA Associates, the sources said.
Rothschild, FAPI, Providence, EQT and TA Associates declined to comment.
($1 = 1.0262 euros)
(Reporting by Emma-Victoria Farr and Pamela Barbaglia; Editing by Toby Chopra)
