UBS Group (UBS) is working with Ardian as the private equity firm is weighing a potential sale of Swissbit, a provider of industrial data storage and security products, Bloomberg reported Tuesday, citing people familiar with the matter.

Ardian is preparing to gauge interest from potential buyers, but the deliberations are at an early stage, and there is no certainty Ardian will proceed with a sale, the report said.

UBS Group and Ardian did not immediately respond to MT Newswires' request for comment.

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