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Sovereign Wealth Funds Briefing - Categorized | Investment

Investors including Temasek bid more than S$14.8bln for Life Tech

Posted on 10 April 2013

US private equity giant KKR and other large American investors such as Blackstone Group, Carlyle Group, TPG Capital as well as Singapore investment giant Temasek Holdings are joining hands to bid more than US$12 billion (S$14.8 billion) for Life Technologies Corp, The New York Post reported on Tuesday, citing a person with knowledge of the matter.
Carlsbad, California-based Life Tech, which makes genetic testing equipment and products used in biotechnology development, in January hired Deutsche Bank to assist in its “annual strategic review,” opening the door to a possible sale………………………………………..Full Article: Source


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