September 26, 2017 / 6:20 AM / a year ago

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.

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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