Medtronic is rumored to be in talks with Cardinal Health to sell its medical supplies business for $6 billion to the Ohio drug distribution company, according to Reuters. Large companies prune their ...

Minneapolis-based Medtronic will sell part of its patient monitoring and recovery unit to Dublin, Ohio-based Cardinal Health for $6.1 billion in cash, reports StarTribune. Through the deal, Cardinal ...

Medtronic officially inked a deal with Cardinal Health on Tuesday, selling off its medical supplies business — a unit it acquired from its merger with Covidien — for approximately $6.1 billion in cash ...

A deal for Medtronic’s medical supplies business could be announced later this month, sources told Reuters on Wednesday. The world’s largest medical device maker is said to be in advanced talks with ...

Dublin, Ohio-based Cardinal Health is nearing a deal with Minneapolis-based Medtronic to acquire its medical supplies business for approximately $6 billion, an unnamed source told Reuters Wednesday.

Medtronic ended its fiscal year with nominal sales growth and a steep profit drop, but analysts who cover the medical device company are confident a windfall is ahead, thanks to a strong lineup of ...

The medical-device giant has hired advisers to explore the sale of its medical-supplies business, which was previously part of Covidien. Medtronic is preparing to jettison some or all of its ...

Medtronic has enlisted advisers to prepare the sale of its medical supplies business, in whole or in parts, according to sources quoted by Bloomberg. A deal could bring in as much as $5 billion. The ...

Bloomberg reports that Medtronic (NYSE:MDT) is working with advisors on the sale of its medical supplies business, a unit that could fetch as much as $5B if sold in its entirety. Shares are up 1% ...

Medtronic MDT posted solid fiscal first-quarter results that held few surprises and put the firm on track to meet our full-year expectations. We’re leaving our $112 fair value estimate unchanged, and ...

The drug and medical products distributor Cardinal Health plans to acquire Medtronic's medical supplies business for $6.1 billion, the company announced on Tuesday. The cash deal would give the Dublin ...

Medtronic is buying Covidien in a tax-friendly move, but here are three other reasons the deal makes sense. The two companies have big and growing businesses that complement one another, too. Here are ...