Hints and tips:
...From 2012 to 2014, he tipped off his father on deals including the acquisition of Gen-Probe by Hologic, Linde’s takeover of Lincare Holdings and the sale of CareFusion Corp to Becton, Dickinson & Co....
...Mr Forlenza said the deal would also allow BD to take CareFusion’s products into new markets....
...That mix will suit CareFusion – BD shares rallied 7 per cent on Monday. CareFusion, which was spun out of drug wholesaler Cardinal Health in 2009, makes intravenous infusion pumps for drug delivery....
...Merger and acquisition activity has also buoyed valuations, with $10bn-plus deals announced between Allergan and Actavis, Covidien and Medtronic, Hospira and Pfizer as well as CareFusion and Becton Dickinson...
...Corp to Becton, Dickinson & Co....
...CareFusion, a global medical technology company, and Becton, Dickinson & Co led the S&P 500 after they jointly announced that BD had agreed to acquire CareFusion....
...Ultriva, based in Silicon Valley, has also eliminated significant bottlenecks in CareFusion’s supply chain....
...Smiths Group blamed disruption in a medical devices business due to an approach by CareFusion for poor results. Shares in the Uk conglomerate were down 5 per cent (Financial times)....
...But the chief medical officer of CareFusion, a California-based medical technology company, thinks the next-best option matters, which is why he speaks proudly of a system developed to drain fluid from cancer...
...Computer Sciences Corp soared 15.7 per cent to $32.47 after the IT outsourcing company wrote down losses from a UK government contract....
...CareFusion fell 8.6 per cent to $23.28 after the medical device manufacturer lowered the bottom end of its full-year earnings forecast to $1.75 from $1.80....
...Carefusion added 2 per cent to $24.19 Thermo Fisher rose 1.9 per cent to $53.04 and Boston Scientific gained 3.5 per cent to $7.11....
...The long-run outlook for CareFusion’s intravenous and surgical products is fundamentally sound under almost any policy scenario. And the sum of the parts may well be more than the whole....
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