Multiplan Inc. to be acquired by private equity-backed consortium

The consortium’s members comprise of GIC, Singapore’s sovereign wealth fund and Leonard Green & Partners.

According to sources involved in the deal, Multiplan could valued at about $7.5bn.

As per the company’s statement, Starr Investment Holdings and Partners Group will retain minority investments in MultiPlan.

Barclay’s Plc, Goldman Sachs and Simpson Thatcher & Bartlett are advising the buyers whilst JP Morgan Chase and Kirkland & Ellis LLP are advising Multiplan.

Source:  Bloomberg


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