American Bath Group Is Exploring Potential $2 Billion Sale
American Bath Group Is Exploring Potential $2 Billion Sale
American Bath Group is exploring strategic options, including a sale, that could value the manufacturer of bathtubs and showers at as much as $2 billion, according to people with knowledge of the matter.The Lone Star Funds-backed company is working with an adviser to run a sales process, said the people, who asked not to be identified because they weren't authorized to speak publicly.