Twitter LinkedIn
    Wednesday, May 18
    Login
    0 Shopping Cart
    Twitter LinkedIn
    Private Equity InsiderPrivate Equity Insider
    • About Us
    • Digital Events
    • Our Network
      • Reach
      • Sponsors
      • Members
    Private Equity InsiderPrivate Equity Insider
    Home»Deals»Europe’s biggest lab group plans Frankfurt IPO
    Deals

    Europe’s biggest lab group plans Frankfurt IPO

    April 7, 20211 Min Read
    LinkedIn Facebook Twitter Email WhatsApp
    Share
    LinkedIn Facebook Twitter Email WhatsApp

     

    Europe’s largest laboratory services provider Synlab has announced plans for a public offering, pitching itself as an opportunity for investors to cash in on coronavirus-related growth and consolidation in the healthcare market.

    The Munich-based company, which is owned by private equity group Cinven, aims to raise €400m through newly created shares, while existing shareholders Cinven, Novo Holdings and the Ontario Teachers’ Pension Plan Board will also sell stakes.

    The listing on the Frankfurt stock exchange, which is planned for the second quarter, could value Synlab at as much as €6bn including debt. The company declined to give details of what percentage of the company was being sold with the new shares.

    Read More

    Source: Financial Times

    By Erika Solomon

    Related

    Can't stop reading? This and all news articles are property of their creators, many are not owned or provided by Private Equity Insider. As an event organizer and community platform, we curate content from reliable sources for your suggested reading, and advise you to read the full articles from the referenced authors and sources.

    Deal PE Insider Private Equity
    Share. LinkedIn Facebook Twitter Email WhatsApp

    Related Posts

    Moving App Updater Secures $215 Million in Vista Equity Backing

    May 17, 2022

    Musk’s Talks With Twitter All Started With Dorsey, Durban

    May 17, 2022

    Aircraft lessor SMBC to buy rival Goshawk in $6.7 bln deal

    May 17, 2022

    Tiger Global slashes bets on tech groups after stock market sell-off

    May 17, 2022

    Comments are closed.

    Other Articles

    Softbank Vision Fund 2 leads $200m Series E round in Andela

    October 1, 2021

    M&A deals plunge in Israel as pandemic sidelines foreign investors

    December 31, 2020

    Unicorn Capital Partners closes oversubscribed Fund IV at USD450m hard cap

    June 3, 2021

    Dubin Clark invests in iROCKER

    April 16, 2021

    Private Equity Insider LLC
    1212 Avenue of the Americas
    New York City 10036
    USA

    [email protected]

    Twitter LinkedIn
    © 2022 Private Equity Insider LLC. All rights reserved.
    • About
    • Terms of Use
    • Cookie Policy
    • Privacy Policy
    • Contact Us

    Type above and press Enter to search. Press Esc to cancel.

    View Cart Checkout Continue Shopping

    Sign In or Register

    Welcome Back!

    Login to your account below.

    Lost password?