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Bluebird Nests In Private Equity As Capital Position Goes South

 
• By Alaric DeArment

The gene therapy-focused biotech has entered into a deal for private equity firms Carlyle and SK Capital to acquire it amid a shortage of capital and regulatory setback.

Western Bluebird

Amid the risk of a debt default due to a shortage of capital, bluebird bio has decided to quit the public markets and go private, with private equity firms Carlyle and SK Capital Partners acquiring it, despite growth in sales of its gene therapy products.

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