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CVC, others explore sale of drugmaker Alvogen - Bloomberg
September 26, 2017 / 6:20 AM / in a month

CVC, others explore sale of drugmaker Alvogen - Bloomberg

Sept 26 (Reuters) - CVC Capital Partners and other private equity owners are exploring options for generic drugmaker Alvogen, including a sale, which could be valued at about $4 billion, Bloomberg reported on Tuesday.

Alvogen's controlling shareholders have held talks with Shanghai Pharmaceuticals Holding Co for the sale of Alvogen's U.S. business, Bloomberg said, citing people familiar with the matter. bloom.bg/2ypxMEx

A CVC spokesman declined to comment. Alvogen was not immediately available for comment. (Reporting by Kanishka Singh in Bengaluru; Editing by Gopakumar Warrier)

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