UK - CVC to back MBO of Helphire?

The Financial Times reports that CVC Capital Partners has been in talks with Helphire, a Bath-based company that provides replacement vehicles for drivers who claim to be the innocent victims of car accidents. Talks between Helphire and CVC are understood to have ended last week with the outcome currently unclear. The share price of Helphire has doubled over the last year with recent rumours about a management buyout bid forcing the shares up to 505p, giving the company a value of ТЃ686m.