Owners of Falck Said to Mull Options for Ambulance Services Firm

The owners of Falck A/S are considering options for their stakes in a possible deal that could value the Danish ambulance and firefighting services company at €1.5 billion ($1.6 billion) or more, people with knowledge of the matter said.

Falck shareholders, which include the Lundbeck Foundation and investment firm Kirkbi, have been holding discussions with potential advisers about options including a sale of their holdings or an initial public offering, the people said.

Lundbeck Foundation is Falck’s controlling shareholder with a 58% stake. Kirkbi, the investment firm of the Kirk Kristiansen family that controls the Lego toymaker, owns 28%. ...