ADIA plans to join one of the biggest leveraged buyouts of all time, investing c.$1 billion

The Abu Dhabi Investment Authority (ADIA) have confirmed that they are backing the takeover of Medline by Blackstone Group Inc., Carlyle Group Inc. and Hellman & Friedman. Also investing in the deal is Singapore’s state-owned investor GIC Pte, which values Medline at over $30 billion. Medline is the biggest private US manufacturer and distributor of medical supplies including gloves, gowns and exam tables to hospitals, clinics and doctor’s offices.

Read the original article on the Arab News: Abu Dhabi’s ADIA mulls plan to join Medline Buyout Group