
Medtronic pays $1.1bn in cash for HeartWare
Executive Summary
Medtronic PLC paid $1.1bn ($58 per share, an 82% premium) in cash to acquire fellow public device firm HeartWare International Inc., which offers less invasive, miniaturized circulatory support technologies for treating advanced heart failure.
Deal Industry
- Medical Devices
-
Medical Devices
- Implantable Devices
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Surgical Equipment & Devices
- Minimally or Less Invasive
Deal Status
- Final
Deal Type
-
Acquisition
- Full Acquisition
- Includes Contract
- Payment Includes Cash
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