Fresenius, Smiths in two-way race for Pfizer infusion pumps: sources

June 6, 2016 4:03 PM

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Fresenius, Smiths in two-way race for Pfizer infusion pumps: sources

FRANKFURT German healthcare supplier Fresenius (FREG.DE) and British engineering company Smiths Group (SMIN.L) have emerged as the final bidders for Pfizer's (PFE.N) infusion pumps business in a possible deal worth close to $1.5 billion, people familiar with the matter said.

Pfizer is hiving off the business, which it acquired as part of the $16 billion takeover of Hospira last September, to focus on drugs.

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