CD&R Said to Plan Measures to Ease French Worries on Sanofi Deal

Clayton Dubilier & Rice is working on a package of commitments amid political concerns that its purchase of a controlling stake in Sanofi’s consumer health business could damage French interests, people familiar with the matter said.

The US buyout firm is discussing a series of guarantees on safeguarding Opella’s operations in France, including protections on jobs and local manufacturing plants, the people said. CD&R is also considering the French government’s request to keep the consumer health unit’s headquarters in France, said the people, who asked not to be identified as the information is private.

CD&R is in talks with ...