Europe: Shake out in diagnostic services continues

Mathieu Floreani, chief executive, Synlab

Private equity firm Cinven is looking to exit Germany laboratories group Synlab via an initial public offering, just as Apax Partners looks to sell its stake in Swiss diagnostic services provider Unilabs. Reuters reports that Cinven has appointed boutique investment bank Lilja to help and could pull the trigger on an IPO in the second…

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