A pack of personal fairness companies are battling to win management of MyDentist, the UK’s largest supplier of NHS dental providers.
Sky Information has learnt that Bridgepoint, Cinven and Triton Companions are among the many events which have submitted indicative affords for the enterprise.
TDR Capital, the proprietor of grocery store chain Asda, has additionally been taking part within the sale course of, banking sources stated on Wednesday.
MyDentist’s homeowners hope to draw a price ticket of roughly £900m for the corporate, though any deal might worth it at nearer to £800m, based on insiders.
The corporate was beforehand owned by Carlyle, one other main international personal fairness investor.
The public sale of MyDentist is being dealt with by bankers at Morgan Stanley.
It’s happening throughout a renewed interval of scrutiny in regards to the accessibility of NHS dental providers throughout Britain.
HIG Europe, one other personal fairness agency, additionally bid for MyDentist, though it was unclear whether or not it remained within the public sale.
Not one of the events contacted by Sky Information would remark.
Medical doctors and lecturers might be given a 4% pay rise after the federal government…
Phoenix Group, the FTSE-100 pensions supplier, is plotting to rebrand itself utilizing the historic Commonplace…
The personal fairness backer of companies together with Bonhams, the auctioneer, and Amber Taverns is…
The Chancellor borrowed greater than anticipated firstly of the brand new tax yr, piling extra…
Bitcoin has surged to a brand new all-time excessive - breaking by $111,000 for the…
For this week's information, Anna Bowes, private finance knowledgeable from The Non-public Workplace, digs into whether or…