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

Teleflex Incorporated

22/04/2026 12:38

Updates

** Teleflex TFX.N shares rise 10% to $133.70 premarket

** Private equity firms CVC Capital Partners and GTCR have submitted a joint bid to take the medical device maker private, a source said on Tuesday

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

** Bid under evaluation; no deal certain and TFX can reject approach or draw rival interest - source

** Teleflex has been streamlining its business and sold three units for $2.03 billion in December

** As of last close, shares up ~2% this year

 (Reporting by Sahil Pandey in Bengaluru)

 ((Sahil.Pandey@thomsonreuters.com))