Medical device maker CareFusion Corp said it will buy GE Healthcare's respiratory care and anesthesiology products business, Vital Signs, for $500 million.
The deal will expand CareFusion's specialty disposables business by adding products for anesthesiology and is expected to be neutral or add modestly to CareFusion's adjusted earnings in fiscal 2014.
For fiscal 2015, the deal is expected to add 5 cents to 8 cents per share to earnings.
(Reporting by Esha Dey in Bangalore; Editing by Don Sebastian)
EU antitrust chief to speak at 1000 GMT on competition case
BRUSSELS, June 27 European Competition Commissioner Margrethe Vestager will hold a news conference on a competition case at 1200 CET (10 GMT), the European Commission said on Tuesday, with sources saying she would announce her verdict on a case concerning Alphabet's Google.