Centerbridge among Sabre bidders

Private equity house Centerbridge is among the bidders for UK motor
insurer Sabre, with minority backing from the Qatar Insurance
Company (QIC), The Insurance Insider
understands.
Sources said a number of other bids are believed to have been
lodged for the company, and Warburg Pincus is understood to be
among the suitors.
It has been suggested that the bids are in the region of
£500mn ($635mn), some way short of owner BC Partners'
£600mn target price, and this could still...