Fitness First considers sale

GYM operator Fitness First is set for a possible £800 million (€1.2bn) sale, according to weekend reports.

Fitness First considers sale
Mon, 27 Jun, 2005 - 01:00

The firm, which is one of the world’s largest gym chains, is believed to have appointed bankers to carry out a review of its options.

Private equity group Cinven bought the group just two years ago for £400 million (€600m). Potential bidders may include American buyout firm Forstmann Little & Co.

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CourtsOrganisation: FirstOrganisation: Fitness FirstOrganisation: CinvenOrganisation: Forstmann Little & Co.
<p>Under the model, the HCCI said that home care referrals are issued simultaneously to all approved providers, who must respond immediately to secure the allocation.</p>

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