![]()
Pharmaceutical Product Development is looking to sell – and a potential deal could value the Wilmington-based contract research organization at $5 billion, the Wall Street Journal reports.
Citing “people familiar with the matter,” WSJ says PPD is looking for a buyer with help from Goldman Sachs Group Inc., J.P. Morgan Chase & Co., and Centerview Partners. The deal could be as close as the first quarter of next year, according to the report.
In 2011, PPD was taken private by Carlyle Group…