April 18 U.S. drug distributor Cardinal Health
Inc said on Tuesday it would buy medical device maker
Medtronic Plc's medical supplies businesses for $6.1
billion in cash.
Cardinal Health is acquiring the patient care, deep vein
thrombosis and nutritional insufficiency units from Medtronic.
The businesses encompass 23 product categories across
multiple market settings, including brands such as Curity,
Kendall, Dover, Argyle and Kangaroo.
Cardinal Health said it would finance the acquisition with
cash and $4.5 billion in new debt.
(Reporting by Akankshita Mukhopadhyay in Bengaluru; Editing by