BC Partners Plans to Deal Fitness First

U.K.-based buyout shop BC Partners is planning to sell the Australian and Asian operations of its Fitness First gym chain, Reuters reported Friday. A deal for the chain could fetch as much as $972 million, Reuters said, citing the Australian Financial Review. According to previous reports, private equity firm BC Partners paid 835 million pounds ($1.3 billion) to take control of Fitness First in 2005.

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