-- Sanofi SA has called for initial bids for its $20 billion consumer health division , as the French pharmaceutical giant simultaneously moves forward with preparations for a possible listing of the business, according to people familiar with the matter.Julian Assange Leaves Court ‘Free Man,’ Ending 14-Year Drama
Sanofi is likely to retain a significant minority stake in the business after any sale, which would reduce the amount of capital that bidders need to commit, the people said. Representatives for the buyout firms declined to comment. Spokespeople for Deutsche Bank and Barclays didn’t immediately respond to requests for comment, while the other banks declined to comment.
KKR and TPG are among suitors which have expressed initial interest in $11 billion Italian drugmaker Recordati SpA, Bloomberg News reported in June, while EQT is considering a potential sale of Karo Healthcare in a deal that could value the Swedish consumer-health business at more than €2 billion .The Lahaina fire worsened Maui's housing shortage.
Source: Healthcare Press (healthcarepress.net)
Sanofi Consumer Health Division PAI Partners Barclays Plc Private Equity Firm
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Sanofi Seeks Initial Offers for Its $20 Billion Consumer ArmSanofi SA has called for initial bids for its $20 billion consumer health division, as the French pharmaceutical giant simultaneously moves forward with preparations for a possible listing of the business, according to people familiar with the matter.
Source: BNNBloomberg - 🏆 83. / 50 Read more »
Exclusive-KKR seeks $20 billion for new North America buyout fundKKR is seeking about $20 billion from investors for its latest flagship North America private equity fund, according to people familiar with the matter...
Source: YahooFinanceCA - 🏆 47. / 63 Read more »
Merrill Lynch agrees to pay nearly $20 million to settle class action racial discrimination lawsuitNEW YORK (AP) — Merrill Lynch has agreed to pay nearly $20 million to settle a class-action lawsuit that accuses the Wall Street brokerage giant of racially ...
Source: YahooFinanceCA - 🏆 47. / 63 Read more »
Chainlink takes a bearish turn: Is a $20 price target still possible?After staging a remarkable recovery with the bulls, Chainlink [LINK] seems to have decided to ditch them and side with the bears for now
Source: CryptoAmb - 🏆 22. / 68 Read more »
Adani Stocks Jump $20 Billion on Signs of Landslide Win for ModiIndian billionaire Gautam Adani’s firms rallied on Monday, adding almost $20 billion to the group’s market value, as exit polls strongly signaled a decisive victory for Prime Minister Narendra Modi’s party in the general elections that concluded Saturday.
Source: BNNBloomberg - 🏆 83. / 50 Read more »
This Hands-Free Laser Cat Toy Is ‘Worth Every Penny’ — And On Sale For Under $20A culture and product journalist for over ten years, Kevin is an expert in men’s style, gaming, coffee, hiking, gear, and all things outdoors. He most recently worked as a Reviews Editor for Runner's World, Bicycling, and Popular Mechanics, and previously served as Style Editor for Reviewed, a top product recommendation site owned by USA TODAY.
Source: HuffPostCanada - 🏆 61. / 53 Read more »