Deals
Concordia Is Working With Greenhill to Seek Buyout Bidders
- Drugmaker said to contact Apollo, TPG to gauge interest
- Canadian company is considering strategic alternatives
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Concordia Healthcare Corp. is working with Greenhill & Co. as it seeks potential private equity bidders, according to people with knowledge of the matter.
The Canadian drugmaker and its advisers have contacted buyout firms including Apollo Global Management LLC and TPG to gauge their interest in a possible takeover, the people said, asking not to be identified as the discussions are private. Talks are still in the early stages and the firms may choose not to make an offer, the people said.