PolyPeptide Group has narrowed the field of potential buyers for its next auction phase, selecting private equity firms EQT AB and IDG Capital to move forward in the bidding process for the Swiss contract drug manufacturer, according to a report by Bloomberg.
The report cites unnamed people familiar with the matter as highlighting that US-based Altaris has also remained engaged in the sale process. No final decisions have been made and discussions remain ongoing, with bidders continuing due dili...
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