CVC seeks $2b for Malaysian funeral service provider Nirvana

CVC seeks $2b for Malaysian funeral service provider Nirvana

Private equity firm CVC Capital Partners is selling Malaysian funeral services provider Nirvana Asia Ltd in a deal that could fetch up to $2 billion, three people with knowledge of the matter told Reuters.

The sale process, which is being run by Morgan Stanley, has entered its second round of bids, two of the people said.

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