Baseball91's Weblog

August 12, 2008

Wound Care For the Minneapolis Star Tribune?


Avista Capital Partners, the private equity firm which owns the Minneapolis Star Tribune, has reportedly completed the acquisition today of a wound care company, ConvaTec, in what might be a timely story.   


Nordic Capital and Avista Capital Partners paid US$4.1 billion for ConvaTec, which specializes in advanced wound care management and ostomy (artificial skin opening) barriers.  


In a related note, Avista’s next debt payment for the Minneapolis Star Tribune is due in September.





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