Brought to you by 
Covidien pays $64mm for Power Medical Interventions
21 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
-
Medical Devices
-
Surgical Equipment & Devices
- Minimally or Less Invasive
-
Surgical Equipment & Devices
Deal Status
- Final
Deal Type
-
Acquisition
- Full Acquisition
- Includes Contract
- Payment Includes Cash
Already a Biomedtracker 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