CVC Said to Seek Partners for €10.9 Billion Recordati Deal

CVC Capital Partners Plc is seeking co-investors to help bankroll its proposed €10.9 billion ($12.7 billion) takeover of Italian drugmaker Recordati SpA, according to people familiar with the matter.

The private equity firm has held initial discussions with investors including Groupe Bruxelles Lambert, Abu Dhabi Investment Authority, Singapore’s GIC Pte and Caisse de Depot et Placement du Quebec about the possibility of teaming up, the people said.