Nordic, Avista raise £975m through first ConvaTec block, sell £1bn to Novo A/S

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Nordic, Avista raise £975m through first ConvaTec block, sell £1bn to Novo A/S

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Nordic Capital and Avista Capital Partners on Tuesday night completed the first block trade in ConvaTec, the UK wound care and catheters company, since its blockbuster £1.6bn IPO in October. The deal was increased by 25%, to fetch £975m.

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