Private equity firms Bain Capital and Cinven have enlisted a group of banks to assist in considering various options for German drugmaker Stada Arzneimittel AG, including a potential sale of the company, according to individuals familiar with the matter.
![The selected banks include Jefferies Financial Group, JPMorgan Chase, Morgan Stanley, and Rothschild & Co. Photo: Getty Images](https://krugmaninsights.com/wp-content/uploads/2023/10/Screenshot-2023-03-16-143519-1024x680.jpg)
The sources spoke on the condition of anonymity in order to protect confidential information.
The transaction is anticipated to occur next year and could potentially value Stada at approximately €10 billion ($10.5 billion) or more, as per the insiders.