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Home Deal Announcements

Bloomberg: Goldman Sachs and Citi Among 22 Banks Providing Buyout Financing to CD&R

byBrianna Wilson
October 17, 2024
in Deal Announcements

According to BNN Bloomberg, Goldman Sachs and Citigroup are among 22 banks that will provide Clayton Dubilier & Rice, a private investment firm, with buyout financing to secure a stake in Sanofi’s consumer health division.

The article, leveraging information from people familiar with the deal, reports that the banks are expected to provide €8.65 billion (approximately $9.4 billion) of euro- and dollar-denominated loan and bond financing.

Global coordinates on the financing should include Barclays, BNP Paribas, Citigroup, Goldman Sachs Group, Morgan Stanley and Societe Generale, the article states.

Read more about the deal on BNN Bloomberg.

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