AIP agrees $1.27bn take-private of Avanos Medical

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AIP agrees $1.27bn take-private of Avanos Medical

privateequitywire

5 months ago

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American Industrial Partners (AIP) has struck a deal to acquire Avanos Medical in a take-private transaction valued at roughly $1.27bn, reflecting the firm’s focus on scaling healthcare platforms with differentiated product portfolios, according to a report by Reuters.
The agreement, announced on Tuesday, prompted a sharp rally in Avanos shares in premarket trading, with the stock climbing by close to 68%.
Headquartered in Alpharetta, Georgia, Avanos specialises in medical devices targeting chro...

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