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Lone Star Funds agrees American Bath group sale to Centerbridge Partners

Centerbridge Partners has agreed a buyout of shower, bathtub and accessories business American Bath Group from fellow private equity major Lone Star Funds.

Lone Star said to eye American Bath Group exit at up to $2bn valuation

Lone Star Funds is reportedly exploring a potential sale of American Bath Group that could value the bathtub and shower maker at up to $2bn.

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