CD&R in talks to buy Healogics – Reuters

Clayton, Dubilier & Rice is in advanced talks to acquire wound care company Healogics Inc from Metalmark Capital Holdings for around $1 billion, writes Reuters. CD&R has so far outbid other private equity firms in the auction for Healogics, including TPG Capital and a consortium of Ares Management LP and Leonard Green & Partners LP, writes Reuters.


VC-backed Kite Pharma files for IPO

Kite Pharma has filed for an IPO. The number of shares that will be sold as well as the stock’s pricing terms have yet to be set. Jefferies, Credit Suisse Securities (USA) and Cowen and Company are serving as the lead underwriters. Based in Santa Monica, Calif., Kite Pharma is a biopharmaceutical firm focused on treating cancer. Kite Pharma’s backers include Alta Partners and TPG Capital.


EFH Chapter 11 filing as soon as Monday: Reuters

Leading Texas power company Energy Future Holdings is expected to file for bankruptcy as early as Monday evening, sources close to the situation told sister news service Reuters on Friday, as it struggles to pay its hefty debt load of more than $40 billion because of cheap electricity prices.


Zimmer to buy PE-backed Biomet for $13.35 bln

Medical device maker Zimmer Holdings Inc said it would buy orthopedic products company Biomet Inc in a deal valued at about $13.35 billion to broaden its portfolio of products that treat bone and joint-related disorders.

Fosun Pharma, TPG agree to buy Chindex

Chinese drugmaker Shanghai Fosun Pharmaceutical Group Co Ltd and private equity firm TPG Capital are to buy China-focused Chindex International Inc in a beefed-up $461 million deal after trumping a rival bid, writes Reuters. The U.S.-listed healthcare firm signed a sweetened merger agreement after the consortium raised its offer to $24 per share from its original $19.50 per share, Chindex said in a statement late on Monday.


PE-owned IMS Health raises $1.3 bln for IPO

IMS Health has launched its IPO of 65 million shares after pricing it at $20 per share. The stock began trading Friday on the NYSE under the ticker symbol “IMS.” J.P. Morgan Securities, Goldman Sachs and Morgan Stanley & Co. are the lead underwriters. Headquartered in Danbury, Conn., IMS Health is a global information and technology services firm that focuses on the healthcare sector. It is owned by TPG Capital, CPP Investment Board and Leonard Green & Partners.


TPG Capital invests in UK bathroom retailer Victoria Plumb

UK bathroom retailer Victoria Plumb has received a “significant” investment from TPG Capital. No financial terms were disclosed. According to the firm, the capital infusion will be used to accelerate its growth. KPMG advised the Walker family, the founders of Victoria Plumb, on the transaction.


Encana to sell Wyoming-based Jonah field’s natural gas assets to TPG Capital

Encana Oil & Gas, a subsidiary of Encana Corp, has agreed to sell certain natural gas assets in Wyoming’s Jonah field to TPG Capital for about $1.8 billion. Evercore and Davis Graham & Stubbs advised Encana on this transaction while Vinson & Elkins advised TPG. Headquartered in Calgary, Canada, Encana Corp is a North American energy producer of natural gas, oil and natural gas liquids.

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