Twitter LinkedIn
    Saturday, February 4
    Login
    0 Shopping Cart
    Twitter LinkedIn
    Private Equity InsiderPrivate Equity Insider
    • About Us
    • Digital Events
    • Our Network
      • Reach
      • Sponsors
      • Members
    Private Equity InsiderPrivate Equity Insider
    Home»Investments»Abu Dhabi’s ADIA is said to invest $1 billion in Medline buyout
    Investments

    Abu Dhabi’s ADIA is said to invest $1 billion in Medline buyout

    June 9, 20211 Min Read
    LinkedIn Facebook Twitter Email WhatsApp
    Share
    LinkedIn Facebook Twitter Email WhatsApp

    The biggest sovereign wealth fund of Abu Dhabi will back the takeover of Medline by Blackstone Group Inc., Carlyle Group Inc. and Hellman & Friedman

    Abu Dhabi Investment Authority is planning to join one of the biggest leveraged buyouts of all time by investing about $1 billion alongside a consortium acquiring medical supply company Medline Industries Inc, according to people familiar with the matter.

    The biggest sovereign wealth fund of Abu Dhabi will back the takeover of Medline by Blackstone Group Inc., Carlyle Group Inc. and Hellman & Friedman, the people said, asking not to be identified discussing confidential information. Singapore’s state-owned investor GIC Pte is also investing in the deal, which values Medline at more than $30 billion.

    Read more/Source: Arabian Business

    Related

    Can't stop reading? This and all news articles are property of their creators, many are not owned or provided by Private Equity Insider. As an event organizer and community platform, we curate content from reliable sources for your suggested reading, and advise you to read the full articles from the referenced authors and sources.

    Abu Dhabi Investments peinsider Private Equity
    Share. LinkedIn Facebook Twitter Email WhatsApp

    Related Posts

    Euroclear moves into $9.8 trillion private asset market with Goji buy

    December 21, 2022

    CAI raises over $1B for inaugural fund and co-investment programme

    November 18, 2022

    KKR looking to sell Canadian gas producer Westbrick for $1.13B

    November 18, 2022

    Carlyle targeting $1.6B for second renewables fund

    November 18, 2022

    Comments are closed.

    Other Articles

    Private Equity’s Taste for Tech Sparks Record $80 Billion Spree

    April 2, 2021

    Birkenstock sold to LVMH-backed group in €4bn deal

    March 6, 2021

    Greenbacker Capital’s debut private equity fund closes near its $150m funding cap

    March 9, 2022

    EQT Buys Pro Unlimited from Harvest Partners and Investcorp

    June 28, 2021

    Private Equity Insider LLC
    1212 Avenue of the Americas
    New York City 10036
    USA

    [email protected]

    Twitter LinkedIn
    © 2023 Private Equity Insider LLC. All rights reserved.
    • About
    • Terms of Use
    • Cookie Policy
    • Privacy Policy
    • Contact Us

    Type above and press Enter to search. Press Esc to cancel.

    View Cart Checkout Continue Shopping

    Sign In or Register

    Welcome Back!

    Login to your account below.


    Lost password?