KKR Pursues Deal for $4 Billion French Clinic Chain Elsan

  • U.S. private equity firm has been on a buying spree in 2020
  • KKR seeks to preempt planned bidding process for French asset
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KKR & Co. is in talks about a potential acquisition of French clinic chain Elsan, according to people familiar with the matter.

The private equity firm is discussing a potential deal with Elsan’s owner, CVC Capital Partners, as it seeks to preempt a planned bidding process for the company, the people said. A deal could value Elsan at about 3.5 billion euros ($4 billion), according to the people, who asked not to be identified because the information is private.