According to reports, 3i is in the process of auctioning off its 75% stake in Ambea, a Swedish healthcare provider, for up to EUR 900m. Bidders rumoured to be interest include Doughty Hanson, PAI Partners and Merrill Lynch Private Equity. The Singapore Government also holds a stake in the company.
In addition to Famar Italia, the Italian subsidiary of Famar, the deal also includes Famar Properties
There are reportedly concerns over the accessories distributor's revenues in the wake of coronavirus
Deal will see minority shareholder Arctos Equity Partners exit the business
Sale ends a four-year holding period for the GP, which invested in the company via its first fund