UPDATE 1-BC Partners launches sale of German lab group Synlab

April 21, 2015 4:18 PM

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FRANKFURT, April 21 (Reuters) - Buyout group BC Partners has put German laboratory operator Synlab up for sale in a potential deal worth more than 1.5 billion euros ($1.6 billion), three people familiar with the matter said.

The investor has asked potential bidders, mostly other buyout groups, to hand in tentative offers by May 7, one of the people said.

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