China's leader Xi Jinping called Taiwan
World

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

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H&F weighs $9 billion-plus sale of medical device maker Cordis: Report

Posted By: Vishal Maurya Posted On: Jan 17, 2026Share Article
H&F weighs $9 billion-plus sale of medical device maker Cordis
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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.

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China's leader Xi Jinping called Taiwan
World
US must be prudent when supplying arms to Taiwan

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

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