Articles > Newspapers > International Newspapers, Major Markets > TendersInfo news wires > June 2008

Article: Finland: Blackstone Reviews Four Bids for France's Vitalia.

Article from:
TendersInfo
Article date:
June 28, 2008
Copyright

Byline: pinto03

Blackstone Group LP, manager of the world's biggest leveraged buyout fund, is reviewing four bids for Groupe Vitalia, the French hospital chain it's selling for about 1.4 billion euros ($2.2 billion), four people with knowledge of the matter said.

Private equity firms CVC Capital Partners Ltd. and LBO France as well as French real estate company Batipart SA are among the bidders, said the people, who declined to be identified because the talks are confidential. An offer from Milan-based hospital group Gruppo Ospedaliero San Donato is also being evaluated, one person said.

While the health-care industry is growing as the ...

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