Terumo agrees to acquire certain assets from St. Jude Medical and Abbott for $1.12 billion

Terumo Corporation reached an agreement to acquire St. Jude Medical's Angio-Seal and FemoSeal vascular closure products and Abbott's Vado steerable sheath business (via Kalila Medical) for $1.12 billion.

“Terumo Corporation announced that it has reached an agreement with Abbott and St. Jude Medical, Inc. to acquire certain products owned by both companies for a total of $1.12 billion.”evtoday.com

• 2 sources
• evtoday.comTerumo Signs Agreement to Acquire Certain Assets of St. Jude Medical and Abbott - Endovascular TodayDec 8, 2016
• terumo.comTerumo Acquires Bolton to Accelerate Growth of Its Vascular Graft Business | TerumoJan 19, 2017

Summarized from public sources; check the original articles before acting on it.