Deals
Cinven Weighs $6 Billion Sale of Synlab International
- Buyout firm speaking with potential advisers on sale process
- Cinven acquired German laboratory-services provider in 2015
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Cinven is reviewing strategic options for laboratory-services company Synlab International GmbH including a potential sale, people with knowledge of the matter said.
The private equity firm has been speaking with potential advisers and could start a sale process early next year, the people said, asking not to be identified because the information is private. Cinven plans to seek a valuation of about 5.5 billion euros ($6 billion) including debt for Augsburg, Germany-based Synlab, one of the people said.