AstraZeneca dental unit attracts private equity
Bridgepoint, Civen, PAI Partners, Warburg Pincus as well as producers of orthopedic devices Zimmer Holdings, are among the more than ten bidders for AstraZeneca's Astra Tech.
Astra Tech is the company's dental implants and medical devices division.
The private equity firms joined the first round of bidding. The unit, which is based in Sweden and employs around 2,200, is said to be worth £1.3bn. Second round bids are expected towards the end of May.
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