of such items as bleach products, face masks, surgical gowns, disinfecting wipes and toilet paper. The company’s president, Andy Mills, told, “the volume [of calls seeking supplies] is off the charts... I literally can't go an hour without getting some kind of request in my mailbox.” The buyout of Medline, which could be the largest LBO yet in the healthcare industry, could lead to a resurgence in “reported last month.
These transactions lost some favor after the financial crisis as investors in multiple PE funds weren’t comfortable having too much cash exposed to the same assets. The biggest leveraged buyout in history, the $45 billion takeover of utility, Goldman Sachs global head of acquisition finance, said she expected to see some large LBOs this year. Already Goldman has underwritten five deals of at least $10 billion each, putting it on pace to break its record of eight such deals for a year.
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