Cinven Receives Italian Approval to Sell Stake in Synlab to Labcorp

Reported 1 day ago

Cinven has obtained conditional approval from Italian authorities for selling a 15% stake in Synlab to Labcorp, valued at approximately 150 million euros. The transaction, necessitating Italian government consent due to its implications on strategic assets, was authorized by the cabinet with certain undisclosed conditions.

Source: YAHOO

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