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Kinetic Concepts, Inc. (KCI)

- NYSE
KCI is defunct.
  • Aug. 23, 2011, 2:47 AM
    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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  • Aug. 22, 2011, 4:24 AM
    ConvaTec reportedly makes an offer for Kinetic Concepts (KCI) that tops the wound-care company's $4.9B leveraged buyout deal with a group of investors comprising Apax Partners and two Canadian pension funds.
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  • Aug. 17, 2011, 8:36 AM
    Kinetic Concepts (KCI) -2.2% premarket after Bain Capital reportedly pulls out of talks with Avista Capital to make a bid for the company. The Bloomberg report cites difficulties raising financing and disagreement over the price; Apax Partners had earlier offered $5B.
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  • Jul. 14, 2011, 1:00 PM
    Shares of Kinetic Concepts (KCI +0.4%) level on 4X normal trading after the firm receives a downgrade from Stephens to Equal Weight from Overweight. In addition, new details emerge about a $6.3B offer to buy the firm, including the fact it has a "go-period" until August 21 to shop for a better price, according to a SEC filing.
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  • Jul. 13, 2011, 6:53 AM
    Kinetic Concepts (KCI) agrees to be bought for $68.50/share by a consortium of buyers that includes Apax Partners and the Canada Pension Plan Investment Board. The deal is worth $6.3B, including outstanding debt. (PR)
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Company Description
Kinetic Concepts, Inc., or KCI®, is a leading global medical technology company devoted to the discovery, development, manufacture and marketing of innovative, high-technology therapies and products that have been designed to leverage the body’s ability to heal, thus improving clinical outcomes... More