# 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.

- Type: Acquisition
- Announced: 2017-04-18
- Where: United States
- Value: $6.10B
- Jobs: 10,000
- Status: announced
- Products: patient care products, deep vein thrombosis products, nutritional insufficiency products
- Sectors: [Medical Devices](https://endata.com/sectors/medical-devices.md)

## Companies

- [Medtronic plc](https://endata.com/companies/19071.md) (target)
- [Cardinal Health](https://endata.com/companies/20234.md) (acquirer)

## Sources

- [newsroom.cardinalhealth.com](https://newsroom.cardinalhealth.com/2017-04-18-Cardinal-Health-to-Acquire-Leading-Patient-Product-Portfolio-from-Medtronic-for-6-1-Billion), 2017-04-18: "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."
- [beckershospitalreview.com](https://www.beckershospitalreview.com/supply-chain/medtronic-sells-majority-of-medical-supplies-unit-to-cardinal-for-6-1b/), 2017-04-18: "Medtronic will sell part of its patient monitoring and recovery unit to Dublin, Ohio-based Cardinal Health for $6.1 billion in cash."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.