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WSJ: Private-equity Firm New Mountain Capital in Talks to Buy VWR

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Wednesday, 03 May 2017 01:58 PM

Private-equity firm New Mountain Capital LLC is in advanced talks to buy laboratory equipment supplier VWR Corp. in a deal that could be valued at nearly $5 billion, the Wall Street Journal reported, citing sources.

The talks may yield a deal as soon as this week, people familiar with the matter told the newspaper, assuming they don't fall apart.

Shares of VWR were up 26.2 percent at $36.00 in afternoon trading on Wednesday.

VWR, which sells laboratory products such as chemicals, reagents, consumables and scientific instruments, had market capitalization of $3.76 billion as of Tuesday's close, according to Reuters data.

Both companies were immediately unavailable for comment.

© 2017 Thomson/Reuters. All rights reserved.

 
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Private-equity firm New Mountain Capital LLC is in advanced talks to buy laboratory equipment supplier VWR Corp. in a deal that could be valued at nearly $5 billion, the Wall Street Journal reported, citing sources.The talks may yield a deal as soon as this week, people...
Private, equity, Firm, New, Mountain, Capital, VWR
107
2017-58-03
Wednesday, 03 May 2017 01:58 PM
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