Covidien has signed its second acquisition agreement of the month, sealing a merger deal with Somanetics worth $250m, net of cash acquired. Somanetics (Troy, Michigan) specialises in cerebral and somatic oximetry and recorded revenue of $50m in 2009, with double-digit sales growth for ...
Clinica
Covidien to add Somanetics in $250m acquisition
16 June 2010
Joseph Harvey
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