PE Firms Team Up for Beckman Coulter Bids

Private equity firms Blackstone and Kohlberg Kravis Roberts & Co. are teaming up in a bid for medical test maker Beckman Coulter, Reuters reported. Two other firms, Apollo and the Carlyle Group, may also join forces as the auction for Beckman enters a second round, Reuters said. Beckman, which has a market capitalization of roughly $5 billion, hired Goldman Sachs Group Inc. to help it weigh options, including a possible sale, Reuters reported last year.

5 January 2011•2 mins read
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