Advanced Medical Solutions nears GBP600 million takeover - Sky

AI Briefing

• – UK-based private equity firm TPG has agreed to acquire Advanced Medical Solutions, a leading manufacturer of medical devices, in a deal worth around £600 million.
• – The acquisition is expected to create a global leader in the disposable medical device market, with Advanced Medical Solutions' products used by hospitals and clinics worldwide.
• – The deal is subject to regulatory approvals and is expected to be completed in the coming months.