Reuters July 21, 2023
NEW YORK, July 21 (Reuters) – Thorne HealthTech Inc (THRN.O), a provider of at-home health tests and nutritional supplements, is exploring a sale, according to people familiar with the matter.
The New York-based company is working with investment bank CG Sawaya Partners (CF.TO) as it fields interest from other companies and private equity firms, the sources said.
The sources, who asked not to be identified because the matter is confidential, added that no deal is certain. A Thorne spokesperson said the company does not comment on rumors or speculation. CG Sawaya did not respond to requests for comment.
Thorne’s shares ended trading on Friday up 12.9% at $5.95 on the news, giving the company a market value of...
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