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Goldman Sachs Eyes DIY Chain Kingfisher – Paper

The private equity arm of Goldman Sachs is sizing up a bid this year for Kingfisher, Europe's biggest home-improvements retailer, the Times reported on Friday.

The newspaper quoted unnamed industry sources as saying the U.S. investment bank had been working on a possible bid for the company.

Kingfisher Chief Executive Gerry Murphy, announcing full-year results on Thursday, declined to comment on whether the firm had received any bid approaches.