* . *
  • About
  • Advertise
  • Privacy & Policy
  • Contact
Sunday, September 21, 2025
Earth-News
  • Home
  • Business
  • Entertainment
    Fox News Entertainment Newsletter: Kate Middleton stuns during Trump state visit, Brett James dead at 57 – Fox News

    Kate Middleton Stuns During Trump State Visit; Remembering Brett James at 57

    Lara Beitz to headline Oshkosh show with top comedians at Time Community Theater Sept. 27 – Yahoo

    Lara Beitz to Headline Star-Studded Oshkosh Comedy Night on September 27

    Shakespeare (with a twist) in Grand Junction – Yahoo

    Experience Shakespeare Like Never Before in Grand Junction

    Congress Bill Spotlight: Make Entertainment Great Again (MEGA) Act, Renaming Kennedy Center to Trump Center – The Fulcrum

    Congress Proposes MEGA Act to Rename Kennedy Center as Trump Center and Revitalize Entertainment

    Massive Attack Say They’ll Remove Music From Spotify – yahoo.com

    Massive Attack Announces Plans to Pull Their Music from Spotify

    REO to return for UI homecoming – The News-Gazette

    REO Gears Up to Ignite the Stage at UI Homecoming Celebration!

  • General
  • Health
  • News

    Cracking the Code: Why China’s Economic Challenges Aren’t Shaking Markets, Unlike America’s” – Bloomberg

    Trump’s Narrow Window to Spread the Truth About Harris

    Trump’s Narrow Window to Spread the Truth About Harris

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Trending Tags

    • Trump Inauguration
    • United Stated
    • White House
    • Market Stories
    • Election Results
  • Science
  • Sports
  • Technology
    How Michelin Uses Technology to Rethink Tire Manufacturing: Interview – Motor1.com

    How Michelin’s Tech-Driven Revolution Is Transforming Tire Manufacturing

    Analysts Offer Insights on Technology Companies: Avnet (AVT), Nvidia (NVDA) and Atlassian (TEAM) – The Globe and Mail

    Experts Share Key Insights on Avnet, Nvidia, and Atlassian’s Future Prospects

    Top Technology Executives Recognized at the 2025 Carolina CIO ORBIE Awards – Yahoo Finance

    Celebrating Excellence: Top Technology Executives Honored at the 2025 Carolina CIO ORBIE Awards

    Gesture-Control Wearables Redefine Human-Technology Interaction – Yahoo Finance

    Gesture-Control Wearables Are Revolutionizing How We Interact with Technology

    Huawei Unveils New AI Chip Tech to Challenge Nvidia’s Lead – Bloomberg.com

    Huawei Unveils New AI Chip Tech to Challenge Nvidia’s Lead – Bloomberg.com

    China says US TikTok deal a ‘win-win’, will review app’s technology and IP transfers – Reuters

    China Hails US TikTok Deal as a ‘Win-Win’ While Launching Review of App’s Technology and IP Transfers

    Trending Tags

    • Nintendo Switch
    • CES 2017
    • Playstation 4 Pro
    • Mark Zuckerberg
No Result
View All Result
  • Home
  • Business
  • Entertainment
    Fox News Entertainment Newsletter: Kate Middleton stuns during Trump state visit, Brett James dead at 57 – Fox News

    Kate Middleton Stuns During Trump State Visit; Remembering Brett James at 57

    Lara Beitz to headline Oshkosh show with top comedians at Time Community Theater Sept. 27 – Yahoo

    Lara Beitz to Headline Star-Studded Oshkosh Comedy Night on September 27

    Shakespeare (with a twist) in Grand Junction – Yahoo

    Experience Shakespeare Like Never Before in Grand Junction

    Congress Bill Spotlight: Make Entertainment Great Again (MEGA) Act, Renaming Kennedy Center to Trump Center – The Fulcrum

    Congress Proposes MEGA Act to Rename Kennedy Center as Trump Center and Revitalize Entertainment

    Massive Attack Say They’ll Remove Music From Spotify – yahoo.com

    Massive Attack Announces Plans to Pull Their Music from Spotify

    REO to return for UI homecoming – The News-Gazette

    REO Gears Up to Ignite the Stage at UI Homecoming Celebration!

  • General
  • Health
  • News

    Cracking the Code: Why China’s Economic Challenges Aren’t Shaking Markets, Unlike America’s” – Bloomberg

    Trump’s Narrow Window to Spread the Truth About Harris

    Trump’s Narrow Window to Spread the Truth About Harris

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Trending Tags

    • Trump Inauguration
    • United Stated
    • White House
    • Market Stories
    • Election Results
  • Science
  • Sports
  • Technology
    How Michelin Uses Technology to Rethink Tire Manufacturing: Interview – Motor1.com

    How Michelin’s Tech-Driven Revolution Is Transforming Tire Manufacturing

    Analysts Offer Insights on Technology Companies: Avnet (AVT), Nvidia (NVDA) and Atlassian (TEAM) – The Globe and Mail

    Experts Share Key Insights on Avnet, Nvidia, and Atlassian’s Future Prospects

    Top Technology Executives Recognized at the 2025 Carolina CIO ORBIE Awards – Yahoo Finance

    Celebrating Excellence: Top Technology Executives Honored at the 2025 Carolina CIO ORBIE Awards

    Gesture-Control Wearables Redefine Human-Technology Interaction – Yahoo Finance

    Gesture-Control Wearables Are Revolutionizing How We Interact with Technology

    Huawei Unveils New AI Chip Tech to Challenge Nvidia’s Lead – Bloomberg.com

    Huawei Unveils New AI Chip Tech to Challenge Nvidia’s Lead – Bloomberg.com

    China says US TikTok deal a ‘win-win’, will review app’s technology and IP transfers – Reuters

    China Hails US TikTok Deal as a ‘Win-Win’ While Launching Review of App’s Technology and IP Transfers

    Trending Tags

    • Nintendo Switch
    • CES 2017
    • Playstation 4 Pro
    • Mark Zuckerberg
No Result
View All Result
Earth-News
No Result
View All Result
Home Business

Carlyle in exclusive talks to buy stake in two Medtronic units for over $7b

October 1, 2023
in Business
Carlyle in exclusive talks to buy stake in two Medtronic units for over $7b
Share on FacebookShare on Twitter

Private equity firm Carlyle Group Inc has entered into exclusive negotiations to acquire a majority stake in two medical device businesses of Medtronic Plc at a valuation of more than $7 billion, according to people familiar with the matter.

Were an agreement to be reached in the coming weeks, it would mark the culmination of Medtronic’s 12-month review of its patient monitoring and respiratory interventions businesses, that it also considered spinning off into a standalone public company.

Medtronic is seeking to streamline its portfolio and focus on its higher-growth assets, such as its heart and diabetes devices, by divesting the two units which generated approximately $2.2 billion in revenue in the 2022 fiscal year according to the company.

The businesses that Medtronic would shed would be moved to a new company majority-owned by Carlyle, the sources said. Medtronic would retain a stake in the new company of more than 35%, the sources added.

The sources cautioned that no deal is certain and requested anonymity because the matter is confidential. Medtronic and Carlyle declined to comment.

New York-listed Medtronic, which has a market value of $105 billion, makes medical devices that treat more than 70 health conditions across its cardiovascular, diabetes, medical surgical and neuroscience divisions.

The Dublin, Ireland-based company raised its annual profit forecast last month, as the return of non-urgent surgery volumes to pre-COVID-19 pandemic levels boosted demand for its medical devices.

Earlier this year, Medtronic competitor Baxter International Inc also embarked on a pruning of its assets to focus on growth. It said in January it would spin off its renal care and acute therapies units and in May it agreed to sell its biopharma solutions business to a private equity consortium comprising Warburg Pincus and Advent International for $4.25 billion, including debt.

Carlyle, one of the world’s biggest private equity firms with $385 billion in assets under management, is a prolific investor in the healthcare sector.

Its previous deals include primary care clinic operator One Medical, which it took public and then sold to Amazon.com Inc for $3.9 billion last year, and Ortho Clinical Diagnostics, a medical screening business it acquired from Johnson & Johnson in 2014 for $4 billion before selling it to COVID-19 test maker Quidel Corp in a $6 billion cash-and-stock deal that was completed last year.

Reuters

>>> Read full article>>>
Copyright for syndicated content belongs to the linked Source : DealStreetAsia – https://www.dealstreetasia.com/stories/carlyle-medtronic-364899/

Tags: businessCarlyleExclusive
Previous Post

Some 300,000 Onewheel electric skateboards recalled after 4 deaths and dozens of reported injuries

Next Post

AI-driven photo generator Miaoya Camera offers free trial in attempt to grow user base

World Athletics Championships 2025 schedule, results and day-by-day events – The Independent

World Athletics Championships 2025 schedule, results and day-by-day events – The Independent

September 21, 2025
CAPAC sounds alarm: Trump tariffs and immigration raids devastate AAPI economy – Northwest Asian Weekly

CAPAC Warns: Trump Tariffs and Immigration Raids Devastate AAPI Economy

September 21, 2025
Why does fall begin September 22? The answer may surprise you – Bergen Record

Why Does Fall Begin on September 22? The Surprising Reason Revealed

September 21, 2025
Amazon bumps pay, lowers health insurance costs for warehouse workers – Arizona Daily Star

Amazon Boosts Wages and Cuts Health Insurance Costs for Warehouse Workers

September 21, 2025
‘It’s a new world with Trump’: Inside Democrats’ shutdown gamble – CNN

‘It’s a new world with Trump’: Inside Democrats’ shutdown gamble – CNN

September 21, 2025
Rayonier Mill cleanup – Washington State Department of Ecology (.gov)

Rayonier Mill cleanup – Washington State Department of Ecology (.gov)

September 21, 2025
Earth-like exoplanet could be habitable, and astronomers may know soon – CNN

Earth-Like Exoplanet Could Harbor Life-Astronomers Set to Discover the Truth Soon

September 21, 2025
The science behind what we eat for breakfast – Popular Science

Discover the Surprising Science Behind Your Breakfast Choices

September 21, 2025
The real reason more men are choosing to stay single—despite wanting relationships – VegOut

Why More Men Are Choosing to Stay Single Even When They Want Relationships

September 21, 2025
How Michelin Uses Technology to Rethink Tire Manufacturing: Interview – Motor1.com

How Michelin’s Tech-Driven Revolution Is Transforming Tire Manufacturing

September 21, 2025

Categories

Archives

September 2025
MTWTFSS
1234567
891011121314
15161718192021
22232425262728
2930 
« Aug    
Earth-News.info

The Earth News is an independent English-language daily published Website from all around the World News

Browse by Category

  • Business (20,132)
  • Ecology (829)
  • Economy (850)
  • Entertainment (21,728)
  • General (17,161)
  • Health (9,893)
  • Lifestyle (862)
  • News (22,149)
  • People (852)
  • Politics (860)
  • Science (16,060)
  • Sports (21,349)
  • Technology (15,832)
  • World (834)

Recent News

World Athletics Championships 2025 schedule, results and day-by-day events – The Independent

World Athletics Championships 2025 schedule, results and day-by-day events – The Independent

September 21, 2025
CAPAC sounds alarm: Trump tariffs and immigration raids devastate AAPI economy – Northwest Asian Weekly

CAPAC Warns: Trump Tariffs and Immigration Raids Devastate AAPI Economy

September 21, 2025
  • About
  • Advertise
  • Privacy & Policy
  • Contact

© 2023 earth-news.info

No Result
View All Result

© 2023 earth-news.info

No Result
View All Result

© 2023 earth-news.info

Go to mobile version