May 30 Swedish buyout house EQT has sold its medical devices business Atos Medical to private equity firm PAI Europe, it said on Monday, with sources valuing the deal at about 850 million euros ($946 million).
PAI Europe won the bid for voice implant maker Atos Medical, EQT said in a statement, but the two parties agreed not to disclose the transaction value.
People familiar with the matter told Reuters that the Swedish company had been valued at about 850 million euros during the negotiations.