Carlyle Group has launched a takeover bid for Hogy Medical, a Japanese surgical kit manufacturer, offering ¥6,700 per share in a deal that values the company at about $951 million. Dalton, along with related entities, is Hogy Medical’s largest shareholder, with James B. Rosenwald III, Chief Investment Officer, serving as an independent director on Hogy Medical’s board. The transaction is expected to take the company private under Carlyle Group’s ownership. Read the article here.
