Deals Rumor Mill: Kantar, BofA, Performance Health
By Benjamin Horney ( April 12, 2019, 4:01 PM EDT) -- Multiple private equity firms are expected to make bids for data analytics company Kantar, although some shops that are rumored to have interest may have already taken their hats out of the ring, according to Friday news reports. According to a report from Reuters, Bain Capital and Apollo Global Management may make offers for Kantar, which is owned by WPP PLC, and other potential suitors include CVC Capital Partners, Permira and Apax Partners LLP. According to a separate report from the Financial Times, others that apparently had interest, including Blackstone Group, Carlyle Group and Advent International, will not make offers. Bids are due April 17, Reuters reported, and a deal could be worth as much as much as £3.5 billion ($4.64 billion). Reports that Kantar was up for grabs date back to last month....
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