Friday, August 23, 2013

Toshiba, KKR, Bain to bid for Panasonic healthcare unit: sources

A logo of Panasonic Corp is pictured at its showroom in Tokyo TOKYO (Reuters) - Toshiba Corp, U.S. private equity firm Kohlberg Kravis Roberts & Co (KKR) and a consortium including Bain Capital are expected to participate in the final round of bids next week for Panasonic Corp's healthcare business, a deal that could fetch as much as $1.5 billion, sources with knowledge of the matter said on Friday. Panasonic is looking to raise funds by selling shares in the healthcare unit, whose products include blood sugar monitoring equipment, hearing aids and electronic medical record-keeping systems. The deadline for the second round of bids is set for Monday. ...








via Health News Headlines - Yahoo! News http://news.yahoo.com/toshiba-kkr-bain-bid-panasonic-healthcare-unit-sources-084253869.html

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