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


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.

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