Drugmaker Sanofi’s consumer healthcare division has attracted interest from private equity funds as the French group prepares to spin out the business, two sources close to the matter told Reuters. Buyout groups including Blackstone and CVC are considering making offers for the division, the sources said, speaking on condition of anonymity. JPMorgan analysts valued the unit at around $20 billion in a recent report, including debt.
Read the full article: Sanofi’s Consumer Healthcare Spin-Off Attracts Private Equity Interest, Sources Say //
Source: https://www.reuters.com/business/healthcare-pharmaceuticals/sanofis-consumer-healthcare-spin-off-attracts-private-equity-interest-sources-2024-02-20