Thursday, January 2, 2014
CareFusion Completes Vital Signs Buy
San Diego-based medical technology firm CareFusion said this week that it has completed its acquisition of the Vital Signs division of GE Healthcare in the U.S., China, and other geographies. The deal was worth $500M, and was funded through cash on hand. CareFusion said that so far it has paid $470M to GE Healthcare, with the balance due on completion of the acquisition of a number of Vital Signs' remaining international operations. The deal to acquire GE's Vital Signs division had been announced in November.