Private equity firm Boyu Capital is considering selling medical device manufacturer Quasar, according to people familiar with the matter. People familiar with the matter said Boyu Capital is in preliminary negotiations with potential advisors to sell Singapore-based Quasar. The deal could value the company in excess of $1 billion. Since confidential information was involved, people familiar with the matter requested anonymity.

Private equity firm Boyu Capital is considering selling medical device manufacturer Quasar, according to people familiar with the matter. People familiar with the matter said Boyu Capital is in preliminary negotiations with potential advisors to sell Singapore-based Quasar. The deal could value the company in excess of $1 billion. Since confidential information was involved, people familiar with the matter requested anonymity.