Integer Holdings in Talks with KKR for Take-Private Deal
Integer Holdings (ITGR) shares surged over 20% after reports surfaced that private equity firm KKR & Co. is nearing a deal to take the medical-device outsourcing company private at $127 per share. The potential transaction, if finalized soon, would represent a significant premium for shareholders and signal confidence in Integer's business model from one of the largest PE firms globally. The news comes amid strong performance by Integer Holdings, which provides contract manufacturing services to companies like Medtronic and Boston Scientific. A take-private deal could allow KKR to streamline operations or pursue strategic growth initiatives without public market pressures.
Topics: M&A Private Equity Stock Movement