That’s a heavyweight pairing (Jarden is providing advice), and it would be going up against Blackstone, which is working with Goldman Sachs and has been stalking TEG for almost a year.
It’s all great competitive tension for the seller, Silver Lake, and its adviser Jefferies. The question is if the interest firms up to a juicy enough bid on the table come Friday.
Elsewhere, we spotted investors preparing for online retailer Pet Circle – a card-carrying unicorn from 2021 – to pull the trigger on a capital raising that would test its valuation.