A number of private equity companies and trade buyers are looking to file a bid for Spanish can maker Mivisa SA, people familiar with the matter told Dow Jones Newswires pm Thursday, in a deal that could fetch around EUR1 billion for its owner, CVC Capital Partners.

At least five private equity firms, including Blackstone Group (BX), Carlyle Group and Bridgepoint, as well as three U.S. can makers--Crown Holdings (CCK), Pall Corp. (PLL) and Silgan Holdings (SLGN)--are likely to present bids before a deadline Friday, one of these people said.

Mivisa was originally being readied for an initial public offering, but with the difficult IPO market CVC's advisers Citigroup (C) and Goldman Sachs (GS) separately launched a sales process before the summer.

-By Marietta Cauchi; Dow Jones Newswires; +44207 8429241; marietta.cauchi@dowjones.com.

(Jessica Hodgson in London contributed to this article.)

 
 
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