Click here for printer friendly page
Private equity interest in 3i's forensic sciences group20/08/2003. Source: AltAssets. 
 Legal & General Ventures, Barclays Private Equity and HgCapital are among a number of private equity firms to have tabled offers for 3i's forensic sciences group LCG. The firms have each made bids of up to E114m for the company.
LCG is Europe's largest privately owned forensic sciences company. Formerly known as the Laboratory of the Government Chemist, it was jointly acquired by 3i for £5m when it was privatised in 1996.
Deloitte & Touche is managing the sale and is understood to have received indicative offers from a number of private equity firms. It is expected to draw up a short list in the next couple of days and to finalise the sale by the end of September according to The Times.
Copyright © 2003 AltAssets
|
