Jamieson Laboratories $1 billion sale off, say reports
The proposed sale of Jamieson Laboratories Ltd has been canceled, according to reports.
Bloomberg, citing “people in the know”, reports that the Canadian supplement manufacturer has canceled an auction to sell itself.
The company’s owners CCMP Capital Advisors are said to be seeking as much as $1 billion, with Chinese companies Shanghai Pharmaceuticals Holding Co. and By-health Co. listed as potential suitors.
No additional information is currently available.
