Madison Dearborn to sell Sage Products for $2.775 bln
Stryker Corp has agreed to buy Sage Products, a portfolio company of Madison Dearborn Partners, for $2.775 billion. Cary, Illinois-based Sage develops products used to prevent hospital-acquired conditions. Barclays advised Sage with Kirkland & Ellis LLP and Madden, Jiganti, Moore & Sinars LLP providing the company with legal counsel. JP Morgan is serving as Stryker's exclusive financial advisor while Sullivan & Cromwell LLP was their lawyer.
1 February 2016•4 mins read
