CapVest nears $11.7 billion deal to acquire Stada, Bloomberg News reports

Aug 31 (Reuters) - CapVest Partners is nearing a deal to acquire German drugmaker Stada Arzneimittel AG for about 10 billion euro ($11.7 billion) including debt, Bloomberg reported on Sunday, citing people familiar with the matter.

The London-based buyout firm is finalizing terms of an agreement with Stada's private equity owners Bain Capital and Cinven, and a deal could be announced as soon as Monday, the report added.

Reuters could not immediately verify the report. (Reporting by Yazhini MV in Bengaluru; Editing by Cynthia Osterman)