Baxter in advanced talks to acquire Hill-Rom for about US$10bil


A takeover deal could value Hill-Rom at around $150 per share, the report https://on.wsj.com/2WEA44h said, adding the deal could be reached by midweek if the talks do not fall apart.

NEW YORK: U.S.-based medical technology company Baxter International Inc is in advanced talks to buy medical equipment maker Hill-Rom Holdings Inc for about US$10 billion, the Wall Street Journal reported on Sunday, citing people familiar with the matter.

A takeover deal could value Hill-Rom at around $150 per share, the report https://on.wsj.com/2WEA44h said, adding the deal could be reached by midweek if the talks do not fall apart.

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