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Kinetic Concepts accepts $5 bln buyout led by Apax
/BANGALORE (Reuters) - Kinetic Concepts Inc, a maker of medical devices used in wound care, agreed to a $5 billion cash buyout from private equity firm Apax Partners and two leading Canadian pension funds. The transaction, announced Wednesday, is one of the largest in a new series of private equity-backed deals, which are up 42 percent from a year ago. Several multibillion-dollar deals have come