Bain Capital to sell Physio-Control International to Stryker for $1.28 bln
Stryker Corp said Tuesday it agreed to buy Physio-Control International Inc for $1.28 billion in cash. Bain Capital Private Equity is the seller. Physio-Control develops, makes and markets monitors/defibrillators, automated external defibrillators (AEDs) and CPR-assist devices along with data management and support services. Skadden, Arps, Slate, Meagher & Flom LLP were the attorneys for Stryker. Citi and Jefferies LLC acted as financial advisors, and Kirkland & Ellis LLP served as legal counsel, to Bain Capital.
16 February 2016•5 mins read
