Deals
Bain, Cinven Are Said to Pick Banks for €10 Billion Stada Exit
- PE firms considering range of options for German drugmaker
- Any transaction expected to take place next year, sources say
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Bain Capital and Cinven have lined up banks to help them weigh options for Stada Arzneimittel AG, including a potential sale of the German drugmaker, people with knowledge of the matter said.
The private equity owners have picked Jefferies Financial Group Inc., JPMorgan Chase & Co., Morgan Stanley and Rothschild & Co., the people said, asking not to be identified discussing confidential information.