Late last month, The Wall Street Journal and Bloomberg reported Baxter was in early discussions to acquire the . Considerations are ongoing, and Baxter could . I looked at Hill-Rom in March 2019 when the company announced a bolt-on acquisition, announcing the $180 million purchase of Voalte. The Baxter stock price will be in the spotlight on Monday as rumours of its Hill-Rom acquisition resurfaced.The stock closed at $73.97 on Friday, which was about 17% below the highest point this year. Hill-Rom Holdings Inc., a medical-gear maker with heavy roots and a strong manufacturing presence in southeastern Indiana, could be acquired by Baxter International Inc., if advanced talks don't . DEERFIELD, Ill.& CHICAGO-(BUSINESS WIRE)- Baxter International Inc. (NYSE:BAX), a leading global medical products company, and Hillrom (NYSE:HRC), a global medical technology leader, today announced that the companies have entered into a definitive agreement under which Baxter has agreed to . Patient care amid a global pandemic isn't easy, but you aren't in it alone. A live link to the webcast will also be available on Hillrom's website at www.hillrom.com . Baxter gained 4.7% as of 9:47 a.m. Thursday in New York, while Hill-Rom rose 4.1%. The company plans to fund the acquisition with roughly $11.2 billion of new debt. The acquisition is expected to close in Q4'19 The focus of the acquisition is to expand Baxter's specialized patient monitoring portfolio with the addition of Cheetah's non-invasive hemodynamic monitoring technologies including Starling SV system used for fluid management and enhance Baxter's leadership in medication delivery and . The acquisition will add to Hillrom's existing cardiology products including cardiac stress exercise, Holter, and resting ECG devices. Under the terms of the agreement, Hillrom will purchase BardyDx . Sep. 2, 2021, 07:30 AM. Baxter has now convinced its acquisition target with a revised offer of $156 per share in cash. The acquisition aims to expand digitally enabled connected care, especially beyond hospital settings, and provide a broader array of services to clinicians and patients. The Baxter stock price will be in the spotlight on Monday as rumours of its Hill-Rom acquisition resurfaced.The stock closed at $73.97 on Friday, which was about 17% below the highest point this year. Baxter International Inc. ("Baxter") has agreed to acquire Hillrom for $10.5 billion ($156 per share) in a deal expected to close in 2022. Baxter International Inc. BAX 0.27% is in advanced talks to buy medical-equipment maker Hill-Rom Holdings Inc. HRC 0.96% for around $10 billion, according to people familiar with the matter. BATESVILLE, IN — Hospital bed and patient-monitoring device manufacturer Hill-Rom Holdings Inc. is being purchased by medical tech firm Baxter International in a blockbuster $10.5 billion cash deal, or $156 a share.. Baxter's financial advisers are Perella Weinberg Partners, J.P. Morgan and Citi; Hill-Rom's are Goldman, Sachs & Co and BofA . Baxter is in advanced talks to buy Hillrom in a deal valued at around $10 billion, reported The Wall Street Journal on Sunday, citing people familiar with the matter. Baxter International is Acquiring Hill-Rom Holdings for $10.5B to Expand Connected Care . The acquisition appears to be good for both the companies. It's official - Baxter has signed a definitive agreement to acquire Hillrom, after weeks of speculation. The total enterprise value of the purchase, including debt, is $12.4 billion, the companies said Thursday in a statement. Baxter Acquires Hillrom in the Largest Medical Device Acquisition of the Year. "Baxter is the ideal partner to enhance our global reach and realize the true potential of our vision to accelerate medical innovation around the world," he added. The consideration includes the assumption of Hillrom's debt of $1.9bn. Shareholders of the publicly-listed Hillrom are being offered $156 per share in cash by Baxter International. Shares of Hill-Rom jumped as much as 15% in U.S. trading Wednesday, the biggest intraday gain since March 2020, to hit a record high after Bloomberg News reported the takeover bid. Baxter International Inc. ("Baxter") has agreed to acquire Hillrom for $10.5 billion ($156 per share) in a deal expected to close in 2022. medical technology company Hill-Rom . That deal gave the company some much-needed expertise in mobile . Baxter and Hill-Rom did not respond when contacted by Reuters for comment. (Bloomberg) -- Baxter International Inc. is in advanced talks to acquire Hill-Rom Holdings Inc. for about $10 billion, Dow Jones reported, citing people familiar with the matter. Baxter International may be eyeing a potential acquisition of medical equipment manufacturer Hill-Rom Holdings for about $10 million. Shares of Hill-Rom Holdings HRC rallied 4.7% at yesterday's closing, after it sealed a merger deal with medical device major, Baxter International BAX. Baxter is a medical technology company based in Deerfield, Ill. The acquisition, which needs approval from Hillrom shareholders and regulators, is expected to close by early next year. The latest news has sent Hill-Rom's stock up by about 10% to just over $147, and the company saw a similar boost from . The Hill-Rom acquisition appears to . Baxter's Hill-Rom acquisition. Baxter's planned acquisition of Hillrom will create one of the world's leading medical products companies, centered around a shared vision to transform healthcare. See How We Can Help. Baxter says the acquisition brings a highly . The total enterprise value of the purchase, including debt, is $12.4 billion, the companies said Thursday in a statement. (Bloomberg) -- Baxter International Inc. is in advanced talks to acquire Hill-Rom Holdings Inc. for about $10 billion, Dow Jones reported, citing people familiar with the matter. Bloomberg reports that talks are ongoing and the company could come back with a higher bid. Acquisition Makes Strategic Sense: Fitch views the $12.5 billion (includes the cash payment to shareholders and assumed debt) acquisition of Hill-Rom as strategically constructive. Medical device and health care company Baxter officially announced Thursday morning a definitive agreement to acquire health care technology company Hillrom in a deal that values Hillrom at $12.4bn, including assumption of debt. Hillrom (NYSE: HRC) stock rocketed today after a Wall Street Journal report that Baxter (NYSE: BAX) is in the early stages of . (Bloomberg) -- Baxter International Inc. is buying Hill-Rom Holdings Inc. for $10.5 billion in cash a month after reports that its initial bid was rejected. Baxter has taken part in its largest deal to date with the acquisition of Hill-Rom. 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.Baxter will also assume Hillrom's outstanding debt and cash, for a total enterprise value of $12.4 billion. Hill-Rom shares jumped almost 4% in Monday's pre-market trading session spurred by the speculative acquisition offer made by Baxter International for $10 billion, according to a Wall Street Journal report.Baxter International Inc. is a U.S.-based health care company that focuses on products to treat hemophilia, kidney disease, immune disorders, and other chronic and acute medical conditions. If you want to understand the themes that drive an industry, simply look at the list of recent mergers and acquisitions (M&A). The recent rise can be attributed to reports of Baxter's plan to acquire Hill-Rom. Baxter is focused on critical care, nutrition, and surgical products. Shares of Hill-Rom Holdings HRC rallied 4.7% at yesterday's closing, after it sealed a merger deal with medical device major, Baxter International BAX. As a result, leverage will increase significantly and subsequent deleveraging will require strong execution, improving margins, debt reduction and . "Baxter and Hillrom share a common vision for transforming healthcare to better serve all patients and providers," said José E. Almeida, Baxter's chair, president and .
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