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Istithmar seeking buyers for Inchcape Shipping

Istithmar World, the investment unit of Dubai World, has put Inchcape Shipping Services up for sale for $600m to $700m, the Financial Times has reported, citing people familiar with the situation that it didn't name. Advent International, Cinven, Charterhouse, Montagu, TPG and Kohlberg Kravis Roberts & Co. are among private equity groups working on potential bids.

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