Brought to you by 
Covidien pays $64mm for Power Medical Interventions
Aug 2009
Executive Summary
Covidien has agreed to pay $2.08 in cash (a 247% premium) for each of Power Medical Interventions' (PMI; surgical cutting and stapling devices) outstanding shares, valuing the deal at about $64mm including the assumption of $28.3mm in debt.
Deal Industry
-
Medical Devices
-
Surgical Equipment & Devices
- Minimally or Less Invasive
-
Surgical Equipment & Devices
Deal Status
- Final
Deal Type
-
Acquisition
- Includes Contract
- Payment Includes Cash
- Full Acquisition
Already a Strategic Transactions subscriber?
You have access to the full deal record through your subscription
Want to become a subscriber?
Subscribers get more deal details, updates, deal financials and deal products.
Questions?
Questions?
Please contact Sales at: (212) 520-2765 or email PharmaNewsSales@informa.com
You must sign in to use this functionality
Authentication.SignIn.HeadSignInHeader
Covidien pays $64mm for Power Medical Interventions
Email Deal
All set! This article has been sent to my@email.address.
All fields are required. For multiple recipients, separate email addresses with a semicolon.
DCD.EmailPopout.Notice