KKR nears $4.3B deal to acquire medical device maker Integer Holdings

Key facts

• KKR is nearing an agreement to acquire medical device outsourcing company Integer Holdings.
• The deal values Integer Holdings at approximately $4.3 billion, or $127 per share.
• Integer Holdings shares surged 11% on the news.
• The acquisition is anticipated to be announced as early as next week.

Private equity firm KKR is reportedly nearing an agreement to acquire medical device outsourcing company Integer Holdings, according to a report by the Wall Street Journal citing sources familiar with the matter. The deal is estimated to value Integer Holdings at $127 per share and could be announced as early as next week. Following the news, shares of Integer Holdings surged 11%. The potential takeover comes amid broader private equity interest in the healthcare sector.