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BREAKING NEWS

BREAKING NEWS

Goldman Sachs to buy Capital Vision Services in $2.7 billion deal - WSJ

Goldman Sachs to buy Capital Vision Services in $2.7 billion deal - WSJ
The Goldman Sachs company logo is seen in the company's space on the floor of the New York Stock Exchange, (NYSE) in New York, U.S., April 17, 2018. REUTERS/Brendan McDermid -
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BRENDAN MCDERMID(Reuters)
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(Reuters) – The merchant-banking division of Goldman Sachs Group Inc is set to buy Capital Vision Services LP, which manages MyEyeDr. optometry centres, in a deal valued at $2.7 billion (£2.1 billion) including debt, the Wall Street Journal reported on Monday.

The deal is expected to be announced on Monday, WSJ said citing people familiar with the matter.

Goldman Sachs will buy Capital Vision from private equity firm Altas Partners LP and Canadian pension fund Caisse de dépôt et placement du Québec.

Capital Vision supports independent optometrists and practices affiliated with the optometry practice management company MyEyeDr.

Goldman Sachs and Capital Vision were not immediately available for comment on the report.

(Reporting by Rishika Chatterjee in Bengaluru; editing by Gopakumar Warrier)

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