Bid & Ask: The Deals of the Week
Noteworthy expenditures of the week
This article is for subscribers only.
1. In the biggest leveraged buyout since Lehman Brothers collapsed, a group including Apax Partners agreed to buy Kinetic Concepts, a maker of wound-care products and hospital beds, for $6.3 billion including assumed debt.
2. Coal miner Peabody Energy and steelmaker ArcelorMittal bid $5.1 billion for Australia-based Macarthur Coal.