BC Partners scraps listing plan for Fitness First, seeks buyers
European private equity investor BC Partners has canceled its planned GBP$1 billion ($1.6 billion) listing of global gym chain Fitness First on the Singapore Stock Exchange, and is now seeking buyers for the asset.
According to the Sunday Times, BC Partners is in negotiations with several buyout suitors. Singaporean regulators granted UK-based BC approval to IPO Fitness First in August, coming more than a year after...
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