FILE PHOTO: The logo of Down Jones Industrial Average stock market index listed company 3M is shown in Irvine, California April 13, 2016. REUTERS/Mike Blake/File Photo
(Reuters) – U.S. industrial conglomerate 3M Co said on Thursday it would buy privately held Acelity Inc, a medical technology company focused on advanced wound care, in a deal valued at $6.7 billion, including debt.
3M said it was buying the company and some of its units from a consortium of funds advised by Apax Partners, affiliates of Canada Pension Plan Investment Board and the Public Sector Pension Investment Board.
Reporting by Ankit Ajmera in Bengaluru; Editing by Arun Koyyur
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