By Karlee Weinmann ( November 27, 2013, 12:34 PM EST) -- Chemical supplier Ashland Inc. is holding talks with more than a half-dozen private equity firms interested in scooping up its water technologies unit, valued past $1.5 billion, sources told Reuters on Wednesday. Firms that have cleared the first round of bidding include New York-based Apollo Global Management LLC, Toronto's Onex Corp., Boston-headquartered Bain Capital LLC and Advent International Corp. and Texas-based TPG Capital, among others. Goldman Sachs' private equity branch has also joined the hunt. The Blackstone Group LP and industrial conglomerate Danaher Corp. were also said to be pursuing a joint bid. The water-treatment business, which provides chemicals to the mining and paper industries, is up for sale after activist investor Jana Partners LLC over the summer pushed for a shake-up....
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