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BMS sells medical imaging unit to equity firm Avista for $525mm

Executive Summary

Only a few days after buying Boston Scientific's fluid management and venous access businesses, private equity company Avista Capital Partners is making another medtech purchase, this time Bristol-Myers Squibb Medical Imaging (BMS MI) for $525mm in cash. The sale is part of BMS's corporate-wide restructuring announced earlier this month.
Deal Industry
  • Pharmaceuticals
  • Pharmaceuticals
    • Radiopharmaceuticals, Contrast Agents
Deal Status
  • Final
Deal Type
  • Acquisition
    • Buy-out
    • Divestiture/Spin-Out
    • Full Acquisition
    • Payment Includes Cash

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