Fortress prepares £5bn bid for Motor Fuel Group – Sky News

Feb 19 (Reuters) – Fortress Investment Group is preparing a five billion pound (six billion euro) bid to acquire British service station giant Motor Fuel Group (MFG), Sky News reported on Saturday.

The US-based private equity firm has recruited advisers for the bid, the news channel added, citing people familiar with the matter.

SoftBank, owner of Fortress, and MFG did not immediately comment. (Report Maria Ponnezhath in Bangalore; French version Claude Chendjou,)