JP Morgan is readying a staple financing of up to $850 million to back a potential buyout for Sweden’s Astra Tech, Reuters reports. The staple financing includes senior and mezzanine loans. The dental implants and healthcare unit of London-based AstraZeneca is due to get first-round bids this week. The pharmaceutical company is seeking to raise around $2 billion from the sale of Mölndal-based Astra Tech.
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