Cardinal Health buying medical supplies business from Medtronic for $6.1 billion

Cardinal Health Inc. is buying several medical product lines from Medtronic for $6.1 billion in cash. In the deal with the medical-device giant, Dublin-based Cardinal (NYSE:CAH) has agreed to buy Medtronic's patient care, deep vein thrombosis and nutritional insufficiency lines. The company said the lines include 23 product categories and several well-established brands used in nearly every U.S. hospital, including Curity, Kendall, Dover, Argyle and Kangaroo. The deal had been suspected; Medtronic…
Source: bizjournals.com Health Care:Pharmaceuticals headlines - Category: Pharmaceuticals Authors: Source Type: news