Onex Said to Weigh Sale of UK Health-Care Staffing Firm Acacium

Nov. 29, 2023, 3:03 PM UTC

Canadian investment firm Onex Corp. is evaluating options including a potential sale of UK health-care staffing business Acacium Group, according to people familiar with the matter.

The Toronto-based company is working with advisers at Bank of America Corp. to help identify potential suitors for the business, the people said, asking not to be identified as the information is private. London-based Acacium could be valued at about $1.5 billion or more in a sale and is likely to draw interest mostly from buyout firms, the people said.

Deliberations are in the early stages and no final decisions have been made, ...

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