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GS Goldman Sachs Group Inc

424.00
0.00 (0.00%)
Pre Market
Last Updated: 12:12:30
Delayed by 15 minutes
Share Name Share Symbol Market Type
Goldman Sachs Group Inc NYSE:GS NYSE Common Stock
  Price Change % Change Share Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 424.00 127 12:12:30

Medline Industries Has Hired Goldman Sachs to Explore a Sale, Sources Say

10/04/2021 11:15pm

Dow Jones News


Goldman Sachs (NYSE:GS)
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By Miriam Gottfried and Cara Lombardo 

(Breaking News)

Medline Industries Inc. is exploring a sale that could value the big medical-supply company at as much as $30 billion and mark the latest in a recent string of large leveraged-buyout bids.

The family-owned company has hired Goldman Sachs Group Inc. to run the process, according to people familiar with the matter. There's no guarantee the company will ultimately be sold. The process is at an early stage, the people said, with some adding that an IPO or minority investment is also a possibility.

Northfield, Ill.-based Medline is likely to attract private-equity bidders, partly because industry players could struggle to swallow such a big rival, the people said.

(more to come)

 

(END) Dow Jones Newswires

April 10, 2021 18:00 ET (22:00 GMT)

Copyright (c) 2021 Dow Jones & Company, Inc.

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