Tuesday, 13 October 2015
Last updated 14 hours 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.
Oct 7 2015 | 4:57am ET
Charity A Leg To Stand On (ALTSO) will hold its 12th Annual Hedge Fund Rocktoberfest – NYC on October 15 and its 4th Annual Rocktoberfest - Chicago on October 22. Read more…