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Medtronic closes on $6.1 billion sale of supply lines to Cardinal Health

14:45 EDT 31 Jul 2017 | Topix

Medtronic PLC, the Minnesota-run maker of high-tech implantable medical devices, has finalized a corporate deal to spin out several brands of basic medical supplies like Curity gauze sponges to a health care supply company. Medtronic said Sunday afternoon that it had completed its previously announced sale of assets to Ohio-based medical supplier Cardinal Health in a $6.1 billion deal.

Original Article: Medtronic closes on $6.1 billion sale of supply lines to Cardinal Health

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