Reuters – Electra Exploring Sale of Allflex

Private equity firm Electra has hired bank Rothschild to explore a sale or a refinancing of electronic animal identification company Allflex, which is worth about $1 billion, Reuters reported.

(Reuters) – Private equity firm Electra has hired bank Rothschild to explore a sale or a refinancing of electronic animal identification company Allflex, which is worth about $1 billion, four industry sources with knowledge of the plan said.

Electra said it had hired Rothschild but didn’t confirm that Allflex was up for sale.

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