From Real Estate and UK - 12 Mar 2013 08:00 GMT+0000

McCarthy & Stone attracts interest from Blackstone

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Blackstone Group is considering a £500m (US$745m) takeover bid for the UK construction company McCarthy & Stone.

Fellow private equity firm CVC Capital Partners is also understood to be interested in McCarthy & Stone.

Private equity firm TPG and investment bank Goldman Sachs own McCarthy & Stone.

McCarthy & Stone had earnings of £39.9m last year..

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