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Thursday, September 2, 2021

Baxter to Acquire Hillrom, Expanding Connected Care and Medical Innovation

 Transaction valued at $156.00 per Hillrom Share for an All-Cash Purchase Price of $10.5 Billion

  • Brings together two leading medical technology companies to broaden access to care in the hospital, home and alternate site settings

  • Accelerates digitally-enabled connected care solutions across the continuum of care

  • Builds on Baxter’s global footprint to expand Hillrom’s penetration of international markets

  • Creates significant opportunities to position Baxter for faster top- and bottom-line growth

  • Expected to generate high single-digit ROIC by year five

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