Medtronic will keep its respiratory and monitoring solutions business, while Cardinal will buy the patient care, DVT, and nutritional insufficiency businesses.
The $435-million deal is part of the company’s commitment to being a leader in products for transcatheter aortic valve implantation.
The deal is pending acceptance by Johnson & Johnson.
The acquisition adds to the company’s plastic surgery and regenerative medicine portfolio.
You can never do enough due diligence.
The union of the two companies creates a market opportunity of nearly $30 billion.
The deal creates the largest global sterilization and lab services operation.
Why regulatory and quality due-diligence is often overlooked.
Medtronic has completed the 50 billion acquisition of Covidien, in the largest medical device merger of all time.