Hill-Rom Holdings, Inc.

Baxter International Inc. has agreed to acquire Hillrom for $156.00 per share in cash, for a total equity value of approximately $10.5 billion and total enterprise value of approximately $12.4 billion. The deal aims to expand connected care and medical innovation globally.

Hill-Rom Holdings Inc secured a $48 million contract from the U.S. Department of Defense to provide medical equipment and accessories.

Hill-Rom broke ground in May 2017 on an expansion of manufacturing and R&D operations at Welch Allyn's Onondaga County facility, creating over 100 new jobs and retaining about 900 existing jobs.

Hill-Rom Holdings, Inc. signed a definitive agreement to acquire Mortara Instrument, Inc., a leader in diagnostic cardiology and patient monitoring solutions, for $330 million in cash, with an effective purchase price of approximately $290 million after tax benefits.