A consortium of private equity firms is nearing a deal to buy medical supply company Medline Industries Inc. for more than $30 billion, according to people familiar with the matter, in what would be one of the biggest leveraged buyouts of all time.
The group, comprising Blackstone Group Inc., Carlyle Group Inc. and Hellman & Friedman, is in advanced talks with Medline, and a deal could be finalized in the coming days, the people said, asking not to be identified discussing confidential information. Singapore’s GIC Pte will also invest as part of the partnership, one of the people said.
The transaction would be valued at around $34 billion including debt, one of the people said.
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