NBTY Inc. (NTY) agreed to be acquired by private-equity firm Carlyle Group in a deal valued at $3.5 billion in one of the largest transactions to take a public company private since the credit bubble burst.
Carlyle and Blackstone Group LP (BX), two of the world’s largest buyout firms, had been eyeing the vitamin and nutritional-supplement maker, The Wall Street Journal reported Wednesday night.
NBTY was formerly known as Nature’s Bounty and sells products under a variety of brands including Solgar, Rexall and MET-Rx. The company has roughly $450 million in debt, a figure that will rise in the wake of the buyout.'
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