Kinetic Shareholders Approve $6.3 Bln Offer from Apax-Led Group
Shareholders of Kinetic Concepts have approved a roughly $6.3 billion takeover offer from a consortium including Apax Partners, the Canada Pension Plan Investment Board and the Public Sector Pension Investment Board. The deal is expected to close in early November. Morgan Stanley advised the investor group. Morgan Stanley, BofA Merrill Lynch and Credit Suisse also provided debt financing. San Antonio, Texas-based Kinetic is a wound care company.
28 October 2011•3 mins read
