Carlyle, TPG Among Suitors To Acquire ANZ’s Esanda

PE buyout firms Carlyle, TPG and Blackstone are apparently in discussions to buy Esanda, Australia’s second-largest motor vehicle financing business. Citing a source involved in the process, Reuters reports the sale could fetch a price higher than the A$8.3 billion ($6.35 billion) book value of the loans. PE firms circling Esanda According to a Reuters report, Germany’s BMW AG, Australia’s Macquarie Group and a host of U.S. private equity firms including TPG, Carlyle, Blackstone are expected to bid for Australia and New Zealand Banking Group’s more than AUD 6 billion car and equipment loan book. Germany’s automaker and Australia’s top…