Bain Said to Mull €1.5 Billion Sale of Chemicals Firm Italmatch

Bain Capital is considering a possible sale of Italmatch Chemicals SpA, which could be valued at €1.5 billion ($1.6 billion) in a deal, according to people familiar with the matter.

The US buyout firm is working with advisers to explore options for the Italian specialty chemicals firm, said the people, who asked not to be identified because the discussions are private. The Genoa-based business could draw interest from other companies in the industry as well as financial investors, the people said.

A sale process could kick off later this year, they said. Deliberations are at an early stage ...