3i Said to Consider IPO of Basic-Fit Gyms Valued at $1.1 Billion

  • Private equity firm picks Morgan Stanley, ABN Amro to advise
  • Amsterdam listing may happen this year if markets hold

Private equity firm 3i Group Plc is considering an initial public offering for Basic-Fit, which could value the Dutch gym chain at about 1 billion euros ($1.1 billion) including debt, according to people familiar with the matter.

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