# Mindray to acquire control of APT Medical for $927 million

Mindray (Shenzhen, China) announced its intention to acquire control of APT Medical (Shenzhen, China), a cardiovascular medical device company, for $927 million using its own funds via share transfer and waiver of voting rights.

- Type: Acquisition
- Announced: 2024-04-07
- Where: Shenzhen, China
- Value: $927.0M
- Status: announced
- Products: cardiovascular medical devices, cardiac electrophysiology devices, coronary artery access devices, peripheral vascular intervention devices
- Sectors: [Medical Devices](https://endata.com/sectors/medical-devices.md)

## Companies

- [Mindray](https://endata.com/companies/48008.md) (acquirer)
- [APT Medical](https://endata.com/companies/75301.md) (target)

## Sources

- [gzjiayumed.com](http://www.gzjiayumed.com/en/ArticleShow.asp?ArtID=11343), 2024-04-07: "Mindray will acquire control of APT Medical using its own funds of USD 927 million using a combination of share transfer by agreement and waiver of voting rights."

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