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Final bids for Fitness First expected today

The final-round auction of Fitness First is expected to attract four bids today.

They are reported to be BC Partners, Macquarie, Blackstone and CVC.

Fitness First has more than 400 health clubs across 15 countries.

Mid-Ocean is believed to be looking at smaller UK rival Fitness Exchange.

References: Financial Times 15/09/05 page 22

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