Goldman, ADIA Said to Weigh Joining Gavea in Snagged Fleury Deal - Bloomberg

Goldman, ADIA Said to Weigh Joining Gavea in Snagged Fleury Deal - Bloomberg:



"Goldman Sachs Group Inc. (GS)’s private-equity arm and Abu Dhabi Investment Authority are considering joining Gavea Investimentos Ltda. in a bid for Brazilian medical-services company Fleury SA (FLRY3), people with knowledge of the matter said.



In joining Gavea, the two investors would be wading into a bid for a company that has been on the market for more than six months. Fleury, which has a market value of about 2.6 billion reais ($1.2 billion), said in March that it was in exclusive talks with Gavea.



The deal has been held up, as Gavea’s partners in Instituto Hermes Pardini Ltda. -- a closely held medical lab company that would be merged with Fleury -- have sought a greater role in the combined company, three people said, asking not to be identified discussing private information. It’s still possible that a deal won’t be reached, the people said."



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