The sale of German outdoor apparel and equipment maker, Jack Wolfskin, has been called off by its private equity owners, Reuters reports. Barclays Capital and Quadriga Capital dropped the sale as they did not receive offers which they considered to be high enough. U.S. jeans maker, VF Corporation, had shown interest in Wolfskin. Blackstone was also considering buying Wolfskin, while BC Partners and Advent pulled out of the bidding. Barclays and Quadriga have owned the business since the 2005 secondary management buyout of the company from Bain Capital for €93 million.
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