Trio of US firms crack on with sale of 40% stake in Autoglass owner

Private equity funds CVC and KKR are among the bidders for minority stake in Belron

US firms Cleary Gottlieb Steen & Hamilton, Debevoise & Plimpton and Goodwin Procter are advising on the sale of a minority stake in vehicle windscreen repair business Belron, which owns UK brand Autoglass.

Cleary Gottlieb is acting for parent company D‘Ieteren, a Belgian investment group, on the sale of 40% of Belron. D‘Ieteren owns 94.85% of the company.

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