Kontron raises $12 million in private offer:
This article was originally published in Clinica
Executive Summary
Kontron Instruments has sold $12 million of preferred stock to a group of private investors, which include Canyon Capital Management and investment bank Arnold and S Bleichroeder. The US company produces medical equipment including cardiovascular, critical care blood gas analysis and ultrasound products. It will use the funds to reduce debt and for "general corporate purposes".