KKR to buy Integer Holdings for $5.7 billion to expand healthcare exposure
Integer Holdings shares rose as KKR agreed to take the medical-equipment supplier private in a $5.7 billion deal, gaining a critical producer of components and finished products used in cardiovascular and neuromodulation therapies. The transaction includes Integer’s outstanding debt and could serve as a healthcare platform for further acquisitions, following prior activist pressure and a board agreement with Irenic.