MUNICH (dpa-AFX) - Laboratory services provider Synlab has extended the contracts of both its chief executive officer and chief financial officer by several years. Group CEO Mathieu Floreani is now to remain in office until April 30, 2028, the company announced Wednesday in Munich. Chief Financial Officer Sami Badarani's contract runs until April 30, 2026.

The SDax-listed company may be facing a takeover by its major shareholder, financial investor Cinven. Synlab has announced a review./nas/jha/