Private Equity Firms Line Up Bids for BSN Medical

10/18/16

BC Partners, Blackstone and CVC are among the private equity firms expected to make non-binding bids on Monday for German bandage and plaster cast maker BSN Medical, several people close to the matter said.

BSN Medical rivals such as Sweden’s SCA and U.S. and Chinese companies are also expected to submit offers for an acquisition potentially worth about 3 billion euros ($3.4 billion), the sources said.

Swedish buyout firm EQT, which put BSN up for sale earlier this year, will compare the bids to the potential return from possible stock market listing, with the help of JP Morgan and Morgan Stanley, the sources said.

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