Owners of Falck Mull Options for Ambulance Services Firm

  • Danish company is backed by Lundbeck Foundation, Kirkbi
  • Shareholders consider potential sale, IPO of business
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The owners of Falck A/S are considering options for their stakes in a possible deal that could value the Danish ambulance and firefighting services company at €1.5 billion ($1.6 billion) or more, people with knowledge of the matter said.

Falck shareholders, which include the Lundbeck Foundation and investment firm Kirkbi, have been holding discussions with potential advisers about options including a sale of their holdings or an initial public offering, the people said.