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Covidien scoops up Reverse Medical

Executive Summary

Covidien PLC acquired Reverse Medical Corp., which develops vascular disease management devices, for an undisclosed sum. The transaction comes two months after Medtronic Inc. announced it was buying Covidien for $42.5bn in cash and stock, the largest medical device M&A to date.
Deal Industry
  • Medical Devices
Deal Status
  • Final
Deal Type
  • Acquisition
    • Full Acquisition

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