Royal Bank Equity Finance is reportedly most likely bidder for Dreams PLC. RBS sources said last week that Royal Bank Equity Finance would not have access to information on rival bids that will be available to Dreams s bankers, including RBS s lending division but other sources suggested that Dreams does not receive a satisfactory bid then Royal Bank Equity Finance could come up with an offer. Accountant Ernst & Young has talked to Advent International Corporation; H.I.G. Capital, LLC; Sun Capital Management Corporation; and Dreams founder Mike Clare alongside two private equity firms. The due date for bids is February 8, 2013.
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