After months of on-and-off negotiations, the two private equity firms and Amil’s owner agree on only one thing: the buyers want the whole company. The firms approached businessman José Seripieri Filho, known as Júnior, about buying all of Amil, and while the size of their offer drew him in, he proposed keeping a minority stake. Two people close to the private equity firms told Valor that they have no interest in retaining Seripieri as a shareholder and will not settle for less than full ownership. With that principle unresolved, the sides are now haggling over the finer points of valuation, alongside working capital and the structure of any transaction.
Read the full article: Advent and Bain Push for Full Control of Brazil’s Amil as Price Stalls Talks //
Source: https://peinsights.substack.com/p/advent-and-bain-push-for-full-control