Sunday, 2 August 2015
Last updated 2 days ago
Oct 3 2013 | 3:19am ET
As President Barack Obama's signature healthcare policy bore its first fruit this week, Kohlberg Kravis Roberts solidified its dominance of the healthcare buyout market this year.
KKR announced Friday that it had struck a $1.7 billion deal for Panasonic Corp.'s healthcare unit. Combined with its $1.3 billion purchase of PRA International in June, the firm's two deals account for nearly half of the $6.41 billion in private-equity-backed healthcare acquisitions this year.
KKR could put even further distance between itself and the field if its bid for Johnson & Johnson's Ortho Clinical Diagnostics is successful; The Wall Street Journal reports that the business could fetch $5 billion.
May 27 2015 | 2:15pm ET
Support Hedge Funds Care, also known as Help For Children (HFC), by participating in this year's raffle. All proceeds go to support HFC's mission of preventing and treating child abuse. Read more…