KKR & Co. is nearing a deal to acquire Spanish fertility clinic chain Ivirma Global, according to people familiar with the matter.
The New York-based private equity firm is in advanced talks for Ivirma after outbidding other rivals, the people said, asking not to be identified because the matter is private. A transaction could value Ivirma at 2 billion euros ($2.2 billion) to 3 billion euros, the people said.
KKR, Cinven Ltd., Nordic Capital and Carlyle Group Inc. were among buyout firms that have expressed interest in acquiring the Spanish company, Bloomberg News reported earlier this month. Banks and private credit firms are competing to provide debt financing for a potential deal, people familiar with the matter have said.
Read more: BNN Bloomberg
