Cardinal Health to acquire Medtronic patient product portfolio for $6.1B

Cardinal Health has agreed to acquire Medtronic's Patient Care, Deep Vein Thrombosis and Nutritional Insufficiency businesses for $6.1 billion in cash. The transaction is expected to close in Q1 of Cardinal Health's fiscal year 2018.

“Cardinal Health today announced that it has entered into a definitive agreement to acquire Medtronic's Patient Care, Deep Vein Thrombosis and Nutritional Insufficiency businesses for $6.1 billion in cash.”newsroom.cardinalhealth.com

• 2 sources
• newsroom.cardinalhealth.comCardinal Health to Acquire Leading Patient Product Portfolio from Medtronic for $6.1 Billion - Apr 18, 2017Apr 18, 2017
• beckershospitalreview.comMedtronic sells majority of medical supplies unit to Cardinal for $6.1B - Becker's Hospital Review | Healthcare News & AnalysisMackenzie BeanApr 18, 2017

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