Buyout group Cinven has short-listed four other private equity groups in its auction of German residential and technical lighting products maker SLV, people close to the matter said.

Ardian, 3i, Triton and Lone Star have been asked to prepare second-round bids for the asset, which is expected to be sold at a valuation of 750-800 million euros ($843-$899 million), they added.

The buyout groups declined to comment or were not immediately available for comment.

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