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Kimberly-Clark mulls a potential spin-off of health care business; Halyard spin-off completed
29 Mar 2016
Executive Summary
Consumer products company Kimberly-Clark Corp. is evaluating a possible tax-free spin-off of its Kimberly-Clark Health Care business via a distribution of the entity’s common stock to K-C Corp. shareholders. If the transaction goes through (anticipated completion would be the end of Q3 2014), K-C Health Care would become an independent publicly traded firm.
Deal Industry
- Medical Devices
-
Medical Devices
- Infection Control-Sterilization
- Infusion Therapy Equipment and Supplies
- Radiofrequency Devices
-
Surgical Equipment & Devices
- Surgical Sealants
Deal Status
- Final
Deal Type
-
Acquisition
- Divestiture/Spin-Out
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Kimberly-Clark mulls a potential spin-off of health care business; Halyard spin-off completed
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