31 Dec '14, 12am

Medtech Mergers That Mattered in 2014

Medical device mergers-and-acquisitions of 2014 continue to astound. Here are some of the most important M&As from this year. Just when you thought they couldn't get more widespread or expensive, the medical device mergers-and-acquisitions of 2014 continue to astound. Allergan in Irvine, Calif., which has fought off a hostile takeover attempt by Valeant Pharmaceuticals International for the past eight months, has agreed to a $66 billion takeover by Dublin, Ireland, pharmaceutical firm Actavis. The offer from Actavis would be the biggest deal of the year, eclipsing Medtronic's $43 billion offer for another Dubliner, Covidien, in the medical device sector. But the resulting Medtronic plc, with about $27 billion in revenues, may become first runner-up in sales in 2015, behind Johnson & Johnson, which has estimated sales of $28.1 billion in fiscal 2013. In May, Thermo Fisher S...

Full article: http://www.eetimes.com/author.asp?section_id=36&doc_id=13...

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