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Bridgepoint Explores Options for Element Materials

  • Sale could value Element Materials at about 4 billion euros
  • Buyout firm in early stages of exploring options for business

Bridgepoint Group Plc is weighing options for Element Materials Technology, including a sale that could value the London-based testing company at about 4 billion euros ($4.6 billion), according to people familiar with the matter. 

The U.K.-listed private equity firm is in the early stages of studying strategic alternatives for the business, with any sale process likely to take place next year at the earliest, one of the people said.