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Goldman Sachs Asset Management nears deal to buy Synthon, FT reports

Goldman Sachs Asset Management (GS) is nearing a more than EUR 2B deal to buy drugmaker Synthon from BC Partners, people familiar tell the Financial Times, Ivan Levingston, Hannah Kuchler and Alexandra Heal report. BC Partners, which acquired a majority stake in the business in 2019 at an enterprise value of EUR 750M, will retain a roughly 25% stake in the group after the deal, one of the people says. TPG (TPG) and Permira were also among the bidders, the people add.

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