About ten investment funds including TPG Capital, CVC Capital Partners and Unison Capital are interested in the asset according to Reuters, who cited financial sources with knowledge of the matter.
It said the company had set a Monday deadline for first round bids after hiring Bank of America Merrill Lynch to lead the process.
Panasonic’s healthcare business sells electronic medical equipment including monitoring devices and hearing aids.
Thermo agreed to pay $15.8bn for the business, which also drew interest from Blackstone and Singapore sovereign wealth investor Temasek.
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