Arab Today, arab today baxter to buy gambro in deal worth 4b
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Arab Today, arab today
Arab Today, arab today

Baxter to buy Gambro in deal worth $4B

Arab Today, arab today

Arab Today, arab today Baxter to buy Gambro in deal worth $4B

Washington - UPI

U.S. medical treatment firm Baxter International said Tuesday it would buy Swedish firm Gambro, also a medical equipment producer, for $2.8 billion. Including debt, the value of the deal jumps to $4 billion, The New York Times reported Tuesday. Baxter\'s Chief Executive Officer Robert Parkinson Jr. said the deal \"further strengthens our global dialysis offerings by extending our portfolio in a hemodialysis segment.\" Gambro is owned by EQT and Investor AB, both Swedish investment firms, which paid $4.7 billion for the company in 2006. Baxter is buying only a portion of that, as Terumo of Japan bought Gambro\'s Caridian BCT division in 2011 for about $2.6 billion.

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