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Private equity groups battle it out for $15bn schools group

Bain Capital, Permira and Veritas Capital among contenders in final round of Nord Anglia auction
Oxford Sixth Form College, one of the schools operated by Nord Anglia

Three private equity groups are battling it out in the final stages of an auction process for school operator Nord Anglia, in what is likely to be one of the largest European deals of the year.

Bain Capital, Permira and Veritas Capital are among the contenders through to the last round of the sale process, according to people familiar with the matter.

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