, a provider of clinical research to drug developers with a market value of $4 billion, people familiar with the matter said.
Bloomberg News first reported the news of the investment consortium's talks with Syneos. Shares of Syneos were up about 19% in after-market trading. Syneos, which carries a debt pile of nearly $3 billion, was created in 2017 by INC Research Holdings Inc's acquisition of inVentiv Health Inc for $7.4 billion, including debt.
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