The French pharmaceutical group’s board is scheduled to meet to discuss the planned transaction and finalize measures with CD&R to protect jobs and local plants, the people said, asking not to ...
Credit: jd8/Shutterstock. Sanofi has announced negotiations with Clayton Dubilier & Rice (CD&R), a US-based investment company, regarding the potential sale of a 50% controlling stake in its consumer ...
The French finance ministry said in a statement that CD&R was a "serious investment fund" with positive prospects for Opella's development and its plants in France. It added that it would require ...
Bloomberg previously reported PE firms CD&R and PAI Partners submitted bids before a recent deadline. The latest update comes after a report from Bloomberg last week that potential bidders for ...
Sanofi's negotiations with CD&R show the Paris-based company is following a different path to exit the business, though. The company said Friday that it is in discussions with New York-based CD&R ...
In September, Bloomberg reported that Sanofi had received two separate bids from CD&R and rival PAI Partners for the Opella unit. CD&R has kept away interest from rival PAI Partners for the unit ...
Clayton Dubilier & Rice is nearing a deal to acquire Sanofi’s consumer health unit for about €15 billion ($16.4 billion), in what would be one of the largest European transactions this year ...
Private equity firm sees off rival bidder PAI Partners Sanofi is likely to retain a minority stake in Opella unit Clayton Dubilier & Rice is nearing a deal to acquire Sanofi ’s consumer health unit ...
(Reuters) -Sanofi is closing in on a deal to sell its consumer health unit for about 15 billion euros ($16.4 billion) to U.S. private equity firm Clayton Dubilier & Rice (CD&R), a person familiar ...
A representative for Sanofi wasn’t available for comment. Representatives for CD&R and PAI Partners declined to comment. A deal would cap a yearlong effort by Sanofi to split its consumer health ...
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