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US private equity firm TA Associates in talks to buy UK's Advanced Medical Solutions

April 20 (Reuters) - Advanced Medical Solutions AMSU.L said on Monday that it is in negotiations with U.S. private equity firm TA Associates over a potential takeover of the British medical supplier.

TA Associates' approach is the latest in a series of bids for London‑listed companies as overseas buyout firms seek to take advantage of relatively low UK equity valuations.

Here are some details about the potential deal:

AMS has not yet disclosed any terms of TA Associates' potential takeover offer.

Sky News, which first reported the discussions on Saturday, said the PE firm is preparing to make a 280-pence-per-share offer, which would value the healthcare products maker at more than 600 million pounds ($809.52 million).

Under the UK Takeover Code rules, TA Associates must either announce a firm intention to make an offer or walk away by May 16.

AMS, which develops and supplies wound‑care dressing technologies, has attracted private equity interest in the past, including from Bridgepoint, according to media reports.

TA Associates has been active in the UK market, including a $722 million acquisition of British data and analytics firm FD Technologies last year.

   ($1 = 0.7412 pounds)

 (Reporting by Raechel Thankam Job in Bengaluru; Editing by Sherry Jacob-Phillips)

 ((RaechelThankam.Job@thomsonreuters.com;))

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