Permira to sell Creganna Medical for $895 mln: UPDATED
Permira said Tuesday that it has agreed to sell Creganna Medical to TE Connectivity for $895 million. Plymouth, Minnesota-based Creganna makes delivery devices for the minimally invasive vascular surgery market. Piper Jaffray advised Permira while Skadden, Arps, Slate, Meagher & Flom LLP was their attorney. UPDATE: Permira is expected to make 3.47x its money with the sale, according to a source familiar with the situation.
2 February 2016•3 mins read
