September 3, 2021
M&A
  • Baxter announced it will acquire Hillrom, a global medical technology leader, in an all-cash deal valued at $10.5 billion. The deal will help Baxter’ “augment and optimize” its connected care portfolio. The deal is expected to close by early 2022 and to generate high single-digit return on invested capital for Baxter by year five. (Press release here)