TA Associates' 600 million pound bid for Britain's Advanced Medical Solutions, Sky News reports

Sat, 18th Apr 2026 13:17

April 18 (Reuters) - ⁠U.S. private equity firm TA Associates is considering a 600 million pound ($810.84 million) plus takeover ‌of British medical supplier Advanced Medical Solutions ⁠Group, Sky News reported on ⁠Saturday.

Here are a few details:

* TA Associates is preparing to make a formal offer of about 280 pence per ‌share for Advanced Medical Solutions Group, Sky News said, adding that if backed by the company's board, the bid would value the AIM-listed healthcare products maker at ‌more than 600 million pounds.

* A deal between TA Associates and ‌AMG Group could be announced within days, the report said.

* Advanced Medical Solutions Group has attracted interest from several private equity firms in recent ‌years, with buyout groups including Inflexion, Montagu and Bridgepoint all having examined potential bids at different ⁠stages, ⁠Sky News said.

* Reuters could ‌not immediately verify the report. TA Associates declined to comment and Advanced Medical Solutions Group did not ‌respond to a request for comment outside business hours. ($1 = 0.7400 pounds) (Reporting by Heera Hari in Bengaluru, Editing by Louise Heavens)