Goldman, Citi Among 22 Banks on CD&R’s Buyout of Sanofi Unit (1)

Goldman Sachs Group Incand Citigroup Inc. are among 22 banks set to provide Clayton Dubilier & Rice with buyout financing for a stake in Sanofi SA’s consumer health division.

Lenders are expected to sign on to the deal to provide €8.65 billion ($9.4 billion) of euro- and dollar-denominated loan and bond financing in the coming days, according to people familiar with the deal, who asked not to be identified discussing private matters.

Seven lenders, including Barclays Plc, BNP Paribas SA,Citigroup Inc., Goldman Sachs Group Inc, Morgan Stanley and Societe Generale SA, are expected ...