Apollo Global Management is in exclusive talks to acquire the education unit of McGraw-Hill Cos. (NYSE: MHP), according to the FT. Prior reports suggested that Apollo and Apax Partners were finalists for the unit, which is expected to be worth upwards of $4 billion. www.mcgraw-hill.com
Madison Dearborn Partners has agreed to acquire Sage Products Inc., a Cary, Ill.–based maker of disposable healthcare products. No financial terms were disclosed. www.sageproducts.com
Hastings Equity Partners has sold Taylored Services, an Edison, N.J.-based provider of third-party logistics services, to Saybrook Corporate Opportunities Fund, Fortune has learned. No word yet on pricing. Saybrook operating partner Bill Butler, former president and CEO of Weber Logistics, is taking over as Taylored’s new CEO – succeeding founder Mark Taylor.
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