Latest news with #Cinven
Bloomberg
2 days ago
- Business
- Bloomberg
Cinven Confirms Exclusive Talks for Data Services Firm Artefact
Private equity firm Cinven is in exclusive negotiations to acquire Artefact, a provider of data and artificial intelligence consulting services. The transaction is subject to regulatory approvals, according to a statement on Monday that confirmed an earlier Bloomberg News report. While financial terms weren't disclosed, people familiar with the matter have said the deal could value the French company at about €1 billion ($1.2 billion).
Bloomberg
6 days ago
- Business
- Bloomberg
Cinven Leads Bidding for French Data Services Firm Artefact
Cinven is nearing an acquisition of Artefact in a deal that could value the French data services company at about €1 billion ($1.2 billion), people familiar with the matter said. The private equity firm is putting the finishing touches on a purchase of the Ardian -backed business after beating out rival buyout shops, according to the people, who asked not to be identified discussing confidential information.
Reuters
22-07-2025
- Business
- Reuters
CapVest eyes majority stake in German drugmaker Stada, Bloomberg News reports
July 22 (Reuters) - London-based buyout firm CapVest Partners is in talks to acquire a majority stake in German drugmaker Stada Arzneimittel, Bloomberg News reported on Tuesday. The deal would value Stada Arzneimittel at about 10 billion euros ($11.75 billion) including debt, the report said, citing unnamed sources. CapVest is in discussions with Stada's private equity owners, Bain Capital and Cinven, regarding the transaction. Stada has also been exploring a potential listing, the report said. CapVest declined comment, while Stada did not immediately respond to a Reuters' request for comment. Stada, known for its cold medicine Grippostad, sunscreen Ladival and the cough syrup Silomat in March, postponed a planned IPO in Frankfurt due to market volatility. Bankers advising Bain Capital and Cinven recommended against proceeding with the listing at that time, Reuters reported. ($1 = 0.8511 euros)
Bloomberg
22-07-2025
- Business
- Bloomberg
MasOrange's PE Owners Seek At Least €5 Billion for 50% Stake
The private equity owners of MasOrange are seeking at least €5 billion ($5.9 billion) for their combined 50% stake in the Spanish telecommunication joint venture, according to people familiar with the matter. Cinven, KKR & Co. and Providence Equity Partners are in preliminary talks with Orange SA, which holds the remainder of MasOrange, the people said, asking not to be identified as the information is private. Orange may offer at least €4 billion for their holdings, though no final decisions have been made, the people said.
Bloomberg
22-07-2025
- Business
- Bloomberg
CapVest Is in Talks for Drugmaker Stada in €10 Billion Deal
By , Dinesh Nair, Eyk Henning, and Swetha Gopinath Save CapVest Partners is in talks to acquire a majority stake in Stada Arzneimittel AG in a deal that could value the German drugmaker at about €10 billion ($11.7 billion) including debt, people familiar with the matter said. The London-based buyout firm is in discussions with Stada's private equity owners, Bain Capital and Cinven, about a deal for the drugmaker, which has also been concurrently exploring a potential listing, the people said, asking not to be identified as the matter is private. The buyout shop has backing from large institutional firms in its bid for Stada, the people said.
