Daily News: May 24, 2013

Reuters: BofA Advises Panasonic on Healthcare Unit Sale

Reuters reported that Toshiba and Kohlberg Kravis Roberts, a U.S. private equity firm, are among those expected to bid for Panasonic’s healthcare business, citing financial sources with knowledge of the matter.

Reuters said approximately ten investment funds, including KKR, Bain Capital, Carlyle Group, TPG Capital Management, CVC Capital Partners and Unison Capital are expected to enter bids, according to the sources.

To read the full Reuters article click here.