Reuters - 3i-Led Group Kicks Off Sale for Labco
A consortium led by private equity firm 3i has kicked off the sale process for its majority stake in French medical-diagnostics company Labco, Reuters reported Wednesday. Paris-based Labco, in which management and a group of laboratory doctors also own a stake, could fetch around 1 billion euros ($1.3 billion), which would see troubled 3i make a profit on its 2008 investment in the firm, the sources said. The consortium, which also includes investors TCR Capital, Natixis Investment Partners and CIC Finance, has hired Rothschild to handle the sale process which started this week.
3 October 2012•2 mins read
