text: Clayton Offers to Buy Rexel for 2.6 Billion Euros (Update5) Clayton, Dubilier  amp; Rice Inc. is leading a 2.6 billion-euro (\$3.45 billion) buyout of an electrical- equipment supplier from France #39;s Pinault-Printemps-Redoute SA, the New York-based firm #39;s third European acquisition this year.