China's leader Xi Jinping called Taiwan "the most important issue" in China-US relations during a phone call with US President Donald Trump on Wednesday. Xi had told Trump to be "prudent" when supplying weapons to the island, state media reported
H&F weighs $9 billion-plus sale of medical device maker Cordis: Report

U.S. private equity firm Hellman & Friedman is exploring a sale of medical devices maker Cordis, aiming for a valuation exceeding $9 billion. Several publicly traded medical device companies are reportedly considering bids. Hellman & Friedman acquired Cordis in 2021 for approximately $1 billion.
U.S. private equity firm Hellman & Friedman is in early-stage talks for a potential sale of medical devices maker Cordis, seeking a value of over $9 billion, Bloomberg News reported on Friday, citing people familiar with the matter.
About half a dozen publicly traded medical device companies are currently evaluating potential bids for Cordis, the report added.
Hellman & Friedman bought Cordis from Cardinal Health in 2021 for about $1 billion, six years after Johnson & Johnson sold it.
Cordis is known for making cardiovascular devices such as catheters and stents.
H&F declined to comment. Cordis and one of its investors KKR did not immediately respond to Reuters' requests for comment outside of regular business hours.
Add as a Reliable and Trusted News Source Add Now!
Source: EconomicTimes
Related Posts: Rajasthan Court Grants Six-Month Interim Bail To Asaram Bapu On Medical Ground Imran Khan Faces 85% Vision Loss In Eye Due To ‘Institutionalised Medical Neglect’ India's Private Equity Market Rebounds 44% In Q4 2025 Private equity sees profits in power utilities as electric bills rise and Big Tech seeks more energy Private Equity Is Finding New Ways to Cash Out After IPOs Coca-Cola exploring sale of Costa Coffee Chennai-based firm VyomIC plans to build India's first private GPS constellation OpenAI exploring deal to roll out ChatGPT Plus subscription across THIS country Apple is exploring plans to build a new ChatGPT-like search experience- Details Giannis Antetokounmpo Exploring Options Amid Trade Deadline - Report
China's leader Xi Jinping called Taiwan "the most important issue" in China-US relations during a phone call with US President Donald Trump on Wednesday. Xi had told Trump to be "prudent" when supplying weapons to the island, state media reported
1 months ago