CooperCompanies has signed a binding letter of intent to acquire Cook Medical's Reproductive Health business, a manufacturer of medical devices for fertility and obstetrics, for approximately $875 million. The acquisition will enhance CooperSurgical's international fertility footprint.
CooperSurgical, a unit of CooperCompanies, acquired obp Medical Corporation, a U.S. medical device company making single-use vaginal speculums with LED illumination. The purchase price was approximately $60 million.
CooperSurgical, a subsidiary of The Cooper Companies, acquired the assets of The LifeGlobal Group, a provider of IVF devices, for approximately $125 million.
The Cooper Companies has entered into a definitive agreement to acquire the global rights and business of Teva's PARAGARD Intrauterine Device for $1.1 billion in cash. The deal includes Teva's manufacturing facility in Buffalo, NY.