Baxter in Talks to Acquire Hill-Rom for ~$10B

Pharma

 Baxter in Talks to Acquire Hill-Rom for ~$10B

Baxter in Talks to Acquire Hill-Rom for ~$10B

Shots:

  • Baxter in talks to acquire Hill-Rom for ~$10B with $150/ share representing a premium of 13% to the stock’s closing price of $132.90. The acquisition is expected to be announced later this week
  • The decision follows an earlier bid in which Hill-Rom had turned down Baxter’s previous offer of $144/ share with a total value of ~$9.6B
  • Hill-Rom offers a wide range of medical devices and hospital equipment including patients beds for ICU and long-term care to vital sign monitors and wearable electrocardiogram hardware

Click here to­ read full press release/ article | Ref: Reuters | Image: LinkedIn


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