Centerbridge vies for motor insurer Sabre

Private equity house Centerbridge, which has minority backing
from the Qatar Insurance Company (QIC), is among the bidders for UK
motor insurer Sabre, The Insurance
Insider understands.
Sources said a number of other bids are believed to have been
lodged for the company, with Warburg Pincus believed 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's
£600mn target price, and this could still...