Reuters logo
ICU Medical explores possible $1 billion sale: Bloomberg
May 8, 2013 / 2:35 PM / 4 years ago

ICU Medical explores possible $1 billion sale: Bloomberg

NEW YORK (Reuters) - San Clemente, California-based medical device provider ICU Medical Inc (ICUI.O) is considering a sale that could fetch more than $1 billion, according to a Bloomberg News report Wednesday morning.

The maker of intravenous medical equipment has tapped J.P. Morgan Chase & Co (JPM.N), according to the report, which cited people familiar with the manner.

ICU’s discussions about a possible sale are still early and the company is gauging interest, according to the report.

A JPMorgan spokeswoman declined to comment. An ICU spokesman did not immediately return requests for comment.

Reporting By Jessica Toonkel; Editing by Gerald E. McCormick

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below