Orthopedic device maker Biomet Inc. has hired Bank of America Merrill Lynch, Goldman Sachs Group Inc. (GS) and J.P. Morgan Chase & Co. (JPM) to lead its initial public offering, Reuters reported Wednesday, citing people familiar with the matter.

The offering could take place in the first half of this year and raise more than $1 billion, Reuters reported.

Biomet is owned by Blackstone Group LP (BX), the private equity arm of Goldman Sachs, KKR & Co. (KKR) and TPG Capital.

Full story at: www.reuters.com/article/2014/02/26/us-biomet-ipo-idUSBREA1P1Y020140226

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