Abbott Laboratories to buy St. Jude Medical for $25 billion

April 28, 2016 11:36 AM

27 0

Medical device manufacturer Abbott Laboratories has reached a deal to acquire fellow medical device maker St. Jude Medical in a cash-and-stock deal valued at $25 billion.

The companies revealed Thursday that they had agreed to a tie-up that would create a global medical devices giant with specialties such as cardiovascular, diabetes and vision.

Also read: Britain Unlikely to Review Comcast’s $30 Billion Sky Deal

Read more

To category page

Loading...