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Deals Rumor Mill: PAI Partners, Ladder Capital, Fitbit

By Benjamin Horney (December 2, 2016, 3:57 PM EST) -- Private equity shop PAI Partners is selling French lab testing chain Cerba, Reuters reported on Friday, and the company anticipates receiving proposals before the end of next week. According to the report, a deal could be worth as much as €1.8 billion ($1.92 billion). PAI Partners has owned Cerba since 2010, when it paid €551 million to acquire the company, the report noted....

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