ConvaTec's bid for Kinetic (KCI) is reportedly worth 40B Swedish kroner ($6.3B) vs. an Apax-led...

|About: Kinetic Concepts, Inc. (KCI)|By:, SA News Editor

ConvaTec's bid for Kinetic (KCI) is reportedly worth 40B Swedish kroner ($6.3B) vs. an Apax-led offer of $5B, or $6.3B including debt. While the ConvaTec bid is apparently higher, Kinetic may prefer the Apax proposal as ConvaTec doesn't have committed financing.