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KKR's Panasonic Health Care nearing deal for Bayer diabetes unit

Feb. 19, 2015 3:52 PM ETKKR & Co. Inc. (KKR) StockKKR, BAYRYBy: Stephen Alpher, SA News Editor
  • An announcement of KKR's Panasonic Healthcare's purchase of Bayer's (OTCPK:BAYRY) diabetes devices business could come as soon as today, reports Bloomberg, which says the business could fetch between €1B and €2B.
  • KKR owns 80% of Panasonic Healthcare, with Panasonic owning the rest.

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