PE Firm CBC Group Weighs $737 Million Sale of Anrei Medical
- Private equity firm working with an adviser on potential deal
- CBC acquired medical device supplier controlling stake in 2016
This article is for subscribers only.
CBC Group is considering selling its controlling stake in Anrei Medical (hz) Co. in a deal that could fetch as much as 5 billion yuan ($737 million), according to people familiar with the situation.
The investment firm is working with an adviser on the potential divestment, said the people, who asked not to be identified discussing a private matter. Deliberations are at an early stage and may not lead to any transaction, the people said. A representative for CBC Group declined to comment.