Private equity group buying medical products company Medline for $30 billion – CNN
New York (CNN)A group of private equity firms, including Blackstone Group(BX), Carlyle Group(CG) and Hellman & Friedman, is buying medical supply maker and distributor Medline in a sale valued at more than $30 billion, including debt, according to people familiar with the deal.
Northfield, Illinois-based Medline Industries, one of the largest manufacturers and suppliers of health care products like devices, medical clothing and bandages, logged $17.5 billion in revenue in 2020. The privately held…