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Smiths Group PLC In Early Talks On Medical Unit Sale; CareFusion Corp Approaches To Buy-Reuters

Thursday, 30 May 2013 12:47pm EDT 

Reuters reported that Smiths Group PLC is in early-stage talks on a sale of its medical division which could raise more than GBP2 billion ($3.04 billion). The firm began investigating a possible disposal after an approach from U.S. healthcare group CareFusion Corp. There has been no decision to sell, nor any agreement on price. Smiths Group declined to comment when contacted by Reuters. 

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