Twitter LinkedIn
    Sunday, October 1
    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 & Transactions»Goldman Sachs’s Buyout Arm Agrees $2 Billion Deal for Norgine
    Deals & Transactions

    Goldman Sachs’s Buyout Arm Agrees $2 Billion Deal for Norgine

    May 26, 2022Updated:May 26, 20221 Min Read
    LinkedIn Facebook Twitter Email WhatsApp
    Share
    LinkedIn Facebook Twitter Email WhatsApp

    Goldman Sachs Group Inc.’s private equity arm has agreed to buy a controlling stake in Norgine BV from the specialty pharmaceutical company’s founding Stein family.

    The deal was announced in a statement Thursday that confirmed an earlier Bloomberg News report. Financial terms weren’t disclosed. The purchase values Amsterdam-based Norgine at about 1.8 billion euros ($1.9 billion), according to people familiar with the matter. 

    Norgine, which traces its roots back more than a century, manufactures products including Movicol, Moviprep and Plenvu, drugs used in the treatment of gastrointestinal disorders. Goldman Sachs plans to grow the business in part through mergers and acquisitions.

    Read more: BNN Bloomberg

    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.

    deals and transactions PE Insider Private Equity
    Share. LinkedIn Facebook Twitter Email WhatsApp

    Related Posts

    Animal drugs maker Dechra agrees to lower £4.5bn takeover by Swedish private equity firm EQT

    June 3, 2023

    Warburg and Advent in the lead to acquire Baxter’s biopharma unit

    May 13, 2023

    BlackRock Sells Asset-Backed Bonds From Credit Suisse’s Books

    April 14, 2023

    KKR buys stake in communications firm FGS Global

    April 11, 2023

    Comments are closed.

    Other Articles

    Trafigura and Blackstone discussed investment of up to $3bn

    March 16, 2022

    Rocket Cos to buy personal finance app Truebill for nearly $1.3 bln

    December 21, 2021

    CVC Capital Partners Is Said to Mull Sale of Resins Group AOC

    January 19, 2021

    UAE’s first independent digital banking platform launches

    March 8, 2021

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

    [email protected]

    Twitter LinkedIn
    © 2023 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?