--Carlyle Group is looking to arrange at least $2.5 billion in debt packages to support its potential acquisition of stakes in some of medical-device maker Medtronic's business units, Bloomberg reports, citing people with knowledge of the matter.

--The private-equity firm's talks with both Wall Street banks and private credit lenders are in the early stages, according to the report.

--Reuters last week reported that Carlyle is in talks to acquire a majority stake in two Medtronic medical-device businesses at a valuation of more than $7 billion.

Full story: https://www.bloomberg.com/news/articles/2023-10-03/carlyle-seeks-roughly-2-5-billion-debt-for-medtronic-units-bid?srnd=premium#xj4y7vzkg

Write to Colin Kellaher at colin.kellaher@wsj.com

(END) Dow Jones Newswires

October 03, 2023 12:57 ET (16:57 GMT)

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