Wednesday, February 26, 2014

Exclusive: Biomet picks BAML, Goldman, JPMorgan to lead IPO - sources

Company logo of the Bank of America and Merrill Lynch is displayed at its office in Hong Kong By Olivia Oran and Soyoung Kim NEW YORK (Reuters) - Biomet Inc, the U.S. medical device maker that was taken private by a private equity consortium for $11.4 billion in 2007, has hired underwriters for an initial public offering later this year, people familiar with the matter said on Wednesday. Biomet's owners -- Blackstone Group LP , Goldman Sachs Group Inc's private equity arm, KKR & Co LP and TPG Capital LP -- have selected Bank of America Merrill Lynch , Goldman Sachs Group and JPMorgan Chase & Co to lead the IPO, the people said.








via Health News Headlines - Yahoo News http://ift.tt/1fUwRem

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