Private Equity Firms In Deal To Acquire Medline For About $34B | Business Standard News

by business-standard.com posted 1month ago 4 views
At least eight buyout firms had last month been preparing offers for the company. : A consortium of private equity firms has reached a deal — reportedly worth about $34 billion — to acquire family-run Medline, the medical supply and equipment company announced Saturday. The leveraged buyout’s value was reported by The Wall Street Journal, which said the acquiring firms — Blackstone Group, Carlyle Group and Hellman & Friedman LLC — had beat out a rival bid from Brookfield Asset Management, a Canadian investing firm.

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