Monday November 30, 2020

Abbott Laboratories announces $25 billion acquisition

Company bought medical device manufacturer St Jude Medical

1st May, 2016
4
Abbott Laboratories, which plans to acquire St Jude Medical

Abbott Laboratories has announced the planned acquisition of medical device manufacturer St Jude Medical in a $25 billion deal.

“Bringing together these two great companies will create a premier medical device business and immediately advance Abbott’s strategic and competitive position.”

Miles D White, chairman and chief executive, Abbott

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