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KKR Weighs Sale of U.K. Life Sciences Testing Firm LGC

KKR & Co. is considering selling LGC Group, the British scientific measurement and testing company, people familiar with the matter said.

The buyout firm is speaking to advisers as it reviews its holding in the business, which could fetch more than 1 billion pounds ($1.2 billion) in a sale, the people said, asking not to be identified because the deliberations are private. The deliberations are at an early stage, and KKR may decide to retain the company for longer, they said.