KKR is nearing an agreement to acquire medical device outsourcing specialist Integer Holdings in a $4bn take-private transaction that would further expand the private equity firm’s healthcare portfolio, according to a report by the Wall Street Journal.
The proposed deal could value Plano, Texas-based Integer at approximately $127 per share, implying a valuation of more than $4bn. While negotiations are said to be advanced, a final agreement has yet to be confirmed.
Shares in Integer rose around...
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