Hill-Rom Holdings (NYSE:HRC) yesterday said it closed its $2.05 billion cash-and-stock acquisition of Welch Allyn, sending the latter $1.63 billion in cash and some 8.1 million shares of new HRC stock. The deal leaves privately owned Welch Allyn’s shareholders owning a 13% stake in Hill-Rom. Hill-Rom floated a $425 million debt round to help finance the buyout of Skaneateles Falls, […]
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Hill-Rom floats $425m debt offering for Welch-Allyn buy
Hill-Rom Holdings launched a $425 million round of debt financing to support its pending $2.05 billion purchase of Welch Allyn and its portfolio of point-of-care diagnostic devices, according to an SEC filing. The cash-and-stock deal is slated to leave privately owned Welch Allyn’s shareholders owning a 13% stake in Hill-Rom. The deal calls for Chicago-based Hill-Rom to pay $1.625 […]
U.S. anti-trust regulators OK Hill-Rom’s $2B Welch Allyn buy
Hill-Rom Holdings (NYSE:HRC) said today that U.S. anti-trust regulators approved its pending, $2.05 billion acquisition of Welch Allyn and its portfolio of point-of-care diagnostic devices. The cash-and-stock deal is slated to leave privately owned Welch Allyn’s shareholders owning a 13% stake in Hill-Rom. The deal, expected to close by the end of September, calls for Chicago-based Hill-Rom to pay $1.625 […]
Hill-Rom to pay $2B for Welch Allyn
Hill-Rom Holdings (NYSE:HRC) said today that it agreed to pay more than $2 billion to acquire point-of-care diagnostic device maker Welch Allyn in a cash-and-stock deal that will leave privately owned Welch Allyn’s shareholders owning a 13% stake in Hill-Rom. The deal, expected to close by the end of September, calls for Chicago-based Hill-Rom to pay $1.625 billion and […]
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