Smiths Group’s Sale of $3B Medical Unit Stalls
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Healthcare Supplies & Suppliers
Smiths Group’s Sale of $3B Medical Unit Stalls
Smiths Group Plc’s attempt to sell its $3 billion medical-equipment unit has stalled after it failed to reach an agreement on price, people familiar with the matter said. Several bidders dropped out of the process and are no longer actively pursuing the business, according to the people, who asked not to be identified because the
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Dealmed Finalizes Acquisition of Park Surgical Company
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Dealmed Finalizes Acquisition of Park Surgical Company
Dealmed Medical Supplies is set to complete its transition of Park Surgical, a leading medical supply company focused on serving independent medical practitioners throughout New York City.The process, which began with the October 2016 acquisition of Park Surgical Company, was fully completed on March 1, 2020, enabling Dealmed to fully integrate all existing infrastructure and
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CCS Medical, Highland Capital-Owned Diabetes Equipment Supplier, Seeks Buyer
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CCS Medical, Highland Capital-Owned Diabetes Equipment Supplier, Seeks Buyer
CCS Medical, a provider of home-delivered supplies that help manage diabetes, is seeking a buyer about a decade after emerging from bankruptcy, according to four sources familiar with the process. CCS posts EBITDA of approximately $60 million, but when accounting for capital expenditure, its adjusted, run-rate cash flow is about $25 million to $30 million,
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Fort Worth Startup Acquired by California Life Sciences Company
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Fort Worth Startup Acquired by California Life Sciences Company
A California-based life science company has acquired a Fort Worth biotech startup operating out of the University of North Texas Health Science Center. Diagnostics products manufacturer Exact Diagnostics was bought by Bio-Rad Laboratories in August, Bio-Rad disclosed in its full-year financial report released earlier this February. Exact Diagnostics provides diagnostic and screening test medical equipment
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MXR Imaging, Inc. Acquires Oxford Instruments Healthcare from Oxford Instruments PLC
MXR Imaging, Inc. (formerly Merry X-Ray Corporation) announced it has completed the acquisition of the Oxford Instruments Healthcare from Oxford Instruments PLC (LSEG: OXIG). Oxford Instruments Healthcare is a leading provider of CT & MRI equipment sales, maintenance services, parts, and mobile imaging solutions. It is headquartered in Deerfield Beach, FL and has additional operations
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