BUZZ-Teleflex jumps on report of CVC, GTCR joint take-private bid
Teleflex Incorporated
Teleflex Incorporated TFX | 0.00 |
Updates
** Teleflex TFX.N shares rise 10% to $133.70 premarket
** Private equity firms CVC Capital Partners and GTCR have submitted a joint bid to take the medical device maker private, a source said on Tuesday
** TFX makes breathing tubes, catheters and vascular access products used mainly in hospital intensive care units
** Bid under evaluation; no deal certain and TFX can reject approach or draw rival interest - source
** Teleflex has been streamlining its business and sold three units for $2.03 billion in December
** As of last close, shares up ~2% this year
