Bidders including Blackstone, Bridgepoint, EQT and BC Partners are expected to battle it out for Lux Med, the Polish medical services business put on the market in September by CEE-focused buyout house Mid Europa Partners.
Polish newspaper Dziennik reported the news on Tuesday, citing unnamed sources.
The sale is being handled by Rothschild.
London-based Mid Europa Partners is currently in the process of selling four of its portfolio companies from its 2005 vintage fund, including its interest in T-Mobile Czech Republic.
The firm recently hired Deutsche Bank to find a buyer for the stake, which is likely to attract trade buyers, private equity firms and infrastructure funds, AltAssets previously reported.
The exits will help entice investors into committing to Mid Europa IV, which the firm has hired Credit Suisse to place at the beginning of next year, sources told AltAssets in September.
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