Hillenbrand to split into two
This article was originally published in Clinica
Executive Summary
Hillenbrand Industries, the Batesville, Indiana group that has operations straddling the healthcare and funeral services industries, is to spin out its healthcare business Hill-Rom, following a decision to split into two independent companies. News of the separation sent shares in Hillenbrand climbing 10%, to close at $67.29 on May 10.
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