Panasonic Said to Get Health Care Bids From Toshiba, TPG
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TPG Capital, Toshiba Corp. are among bidders for Panasonic Corp.’s health care unit, said people with knowledge of the matter.
A deal may be valued at more than 100 billion yen ($978 million), one of the people said, asking not to be identified as the information is private. The company drew offers from fewer than 10 buyout funds in the first round of an auction, which closed yesterday, the person said.