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Sanofi reportedly seeks bids for consumer health business
Reportedly simultaneously moving forward with listing plans (Il Sole 24 Ore Radiocor) - Paris , 26 Jun - The French pharmaceutical company Sanofi is seeking initial bids for its 20 billion dollar consumer health division while simultaneously moving forward with a potential listing of the business, news agency Bloomberg reported, citing unnamed sources.
Sanofi has asked to receive first-round bids by mid-July, with buyout firm Advent International and France's PAI partners seen as the most interested in the business, these sources told Bloomberg.
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(RADIOCOR) 26-06-24 10:02:38 (0202) 5 NNNN