German pharmaceutical firm Stada is in talks with two private equity investors about a sale, Germany’s Welt newspaper reported on Tuesday. Its owners Bain Capital and Cinven could seek an initial public offering in October if talks on a sale do not come to fruition, the report cited an unnamed source as saying. A Stada spokesperson told Reuters the company was deliberating with its owners all options regarding the future ownership of the maker of generic drugs and consumer health products, including an IPO and a sale.
Read the full article: Stada in Talks with Two Private Equity Groups over Sale, Welt Reports //
Source: https://uk.finance.yahoo.com/news/stada-talks-two-private-equity-134248195.html