KKR to Acquire Integer Holdings in $5.7 Billion All-Cash Deal

3-line summary

• Integer Holdings agreed to be acquired by an affiliate of KKR in an all-cash deal valuing the medical device maker at approximately $5.7 billion, with shareholders to receive $127 per share, according to the report.
• The offer represents a 51.8% premium to Integer Holdings' closing price before its strategic review began, and the company's board unanimously approved the transaction, per the report.
• Integer Holdings is expected to become privately held and be removed from the NYSE, according to the report.

This summary is our own processing of the source article; see the source link below for full context.