French animal health firm Ceva Santé Animale is close to completing its latest funding round that would value the company at €9 billion ($9.7 billion) or more, according to people familiar with the matter.
Téthys Invest SAS, the investment company of the billionaire Bettencourt Meyers family behind L’Oréal SA, and the Mérieux family are poised to increase their stakes, the people said. French health-care focused investment firm Archimed is among new backers in the round, the people said, asking not to be identified as the information is private.
Canadian pension fund PSP Investments is going to significantly raise ...