Medtech Insight is part of Informa PLC

This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them. Informa PLC’s registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 8860726.

This copy is for your personal, non-commercial use. For high-quality copies or electronic reprints for distribution to colleagues or customers, please call +44 (0) 20 3377 3183

Printed By

UsernamePublicRestriction
UsernamePublicRestriction

Smiths rejects £2.5bn offer for medical device unit

This article was originally published in Clinica

Executive Summary

The UK's Smiths Group last week snubbed a £2.5bn ($3.9bn) cash offer from an undisclosed suitor for its medical device division Smiths Medical. The group said that it had "carefully considered" the proposal but rejected it after taking into account the "quality and highly cash-generative nature" of that unit as a standalone business, and in the context of the group as a whole.

Advertisement

Topics

Advertisement
UsernamePublicRestriction

Register

MT096535

Ask The Analyst

Please Note: You can also Click below Link for Ask the Analyst
Ask The Analyst

Your question has been successfully sent to the email address below and we will get back as soon as possible. my@email.address.

All fields are required.

Please make sure all fields are completed.

Please make sure you have filled out all fields

Please make sure you have filled out all fields

Please enter a valid e-mail address

Please enter a valid Phone Number

Ask your question to our analysts

Cancel