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Medtronic Inc Signs Agreement to Acquire China Kanghui Holdings
Medtronic Inc and China Kanghui Holdings announced that they have entered into a merger agreement whereby Medtronic will acquire Kanghui. The agreement calls for Medtronic to pay approximately $816 million in cash ($30.75 per American depository share). The total value of the transaction, net of Kanghui's cash, is expected to be approximately $755 million. The transaction is expected to close in the next few months.
Latest Developments for Medtronic Inc
- Medtronic Inc Reaffirms FY 2013 Revenue Guidance-Conference Call
- Medtronic Inc Issues FY 2013 Revenue Guidance Above Analysts' Estimates; Reaffirms FY 2013 EPS Guidance-Conference Call
- Medtronic Inc Raises Low End Of Prior FY 2013 EPS Guidance To A Range Above Analysts' Estimates-Conference Call
- Medtronic Inc Reaffirms FY 2013 Guidance
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