Viasys retains banker to divest monitoring unit
This article was originally published in Clinica
Executive Summary
Viasys Healthcare of Conshohocken, Pennsylvania, has appointed investment bank The Nassau Group to advise it on the sale of its wireless patient monitoring systems unit, Medical Data Electronics (MDE). The company says it wants to focus on respiratory, neurocare and medical/surgical products. As a result, it will book a pre-tax charge of about $15m in the third quarter.