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Medline CEO Charlie Mills and President Andy Mills, who are cousins, declined to disclose the size of the stake that is being sold to private equity firms, and the value of the deal, but they said 20 to 30 family members should benefit from it.
Winnipeg Free Press By: The Associated Press
Last Modified: 5:36 PM CDT Saturday, Jun. 5, 2021 Save to Read Later
BOSTON (AP) A consortium of private equity firms has reached a deal reportedly worth about $34 billion to acquire family-run Medline, the medical supply and equipment company announced Saturday.
BOSTON (AP) A consortium of private equity firms has reached a deal reportedly worth about $34 billion to acquire family-run Medline, the medical supply and equipment company announced Saturday.
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Are private equity club deals back in style? An investor group made up of Blackstone Group Inc., Carlyle Group Inc. and Hellman & Friedman, will take a majority stake in Northfield, Illinois-based Medline Industries, Inc. Medline Industries is a medical supply company. Singapore’s GIC Private Limited will also participate in the investor group. The transaction […]