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Abbott acquires Guidant's vascular business
30 Apr 2012
Executive Summary
Upon Boston Scientific Corp.'s recent victory in its bidding war with J&J over Guidant, Abbott will buy Guidant's vascular business for total consideration of $5.5bn. Abbott's acquisition was contingent upon BSC winning the bid for the rest of Guidant.
Deal Industry
- Medical Devices
-
Pharmaceuticals
-
Drug Delivery
- Site Specific
-
Drug Delivery
-
Medical Devices
- Implantable Devices
- Surgical Equipment & Devices
Deal Status
- Final
Deal Type
-
Acquisition
- Full Acquisition
- Includes Contract
- Includes Earnout
- Payment Includes Cash
- Payment Includes Stock
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Abbott acquires Guidant's vascular business
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