Teleflex jumps on report of joint CVC, GTCR take‑private bid

CVC Capital Partners

22/04/2026 11:54

** Teleflex TFX.N shares rise 13% to $133.70 premarket

** Private equity firms CVC Capital Partners and GTCR yesterday submitted a joint bid to take the medical device maker private, a source says

** TFX makes breathing tubes, catheters and vascular access products used mainly in hospital intensive care units

** Source adds that bid under evaluation; no deal certain and TFX can reject approach or draw rival interest

** Co has been reshaping business, selling three units for $2.03 billion in December to sharpen focus

** Stock ended regular trade down 5.5% at $124.75 earlier in session

** As of last close, stock up ~2% YTD

 (Reporting by Joyjeet Das)

 ((Joyjeet.Das@thomsonreuters.com;))