Cinven secures Italian nod to sell minority stake in Synlab to Labcorp
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Cinven has received conditional approval from Italian authorities to sell a 15% stake in Synlab to Labcorp.

November 20, 2024 | 9:45 am
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Labcorp is set to acquire a 15% stake in Synlab, pending final approval from Italian authorities.
The acquisition of a 15% stake in Synlab by Labcorp is likely to be seen as a positive strategic move, potentially expanding Labcorp's market presence in Europe. The conditional approval from Italian authorities suggests that the deal is progressing, which could positively impact Labcorp's stock price in the short term.
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