Carlyle in exclusive talks to buy stake in two Medtronic units for over $7b

Carlyle in exclusive talks to buy stake in two Medtronic units for over $7b

FILE PHOTO: The logo of the Carlyle Group is displayed at the company's office in Tokyo, Japan October 17, 2018. REUTERS/Issei Kato

Private equity firm Carlyle Group Inc has entered into exclusive negotiations to acquire a majority stake in two medical device businesses of Medtronic Plc at a valuation of more than $7 billion, according to people familiar with the matter.

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