BPEA EQT Said to Weigh Sale of Japanese Iconic Firm Pioneer (1)

BPEA EQT is considering selling the iconic Japanese electronics maker Pioneer Corp. amid interest from potential buyers, according to people familiar with the matter.

The buyout firm has been discussing with advisers a potential sale and could seek a valuation of around $1.5 billion for the maker of audio, video and car navigation equipment, the people said. Other industry players and investment funds have shown preliminary interest in acquiring the asset, the people said, asking not to be identified because the matter is private.

Considerations are at an early stage, no final decisions have been made and the buyout firm ...