Cardinal Health To Buy Medical Supplies Business From Medtronic

Medtronic PLC is selling a large portion of its hospital supplies business for US$6.1 billion in a deal that focuses the medical device manufacturer on higher-tech products while potentially allowing future investments in faster-growing technologies.

 

Ohio-based Cardinal Health is buying 23 product categories — everything from chart paper to neonatal catheters — and taking on 10,000 employees as part of the deal announced Tuesday.

 

Read the full story on Minneapolis Star Tribune here.

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