Deals
Thermo Fisher, Danaher Among Firms Eyeing KKR's LGC
- Chemical measurement firm could fetch more than $2 billion
- Private equity firms are also weighing bids for the business
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KKR & Co.’s potential sale of British scientific measurement and testing company LGC Group has attracted initial interest from suitors including Thermo Fisher Scientific Inc. and Danaher Corp., people familiar with the matter said.
Blackstone Group Inc., Carlyle Group LP, CVC Capital Partners and EQT Partners are also weighing offers for the business, the people said, asking not to be identified because the deliberations are private. LGC could fetch more than $2 billion including debt in a sale, the people said.