HALISTER: ICU Medical to Buy Hospira Infusion Systems from Pfizer for $1b

ICU Medical to Buy Hospira Infusion Systems from Pfizer for $1b

(Bloomberg) -- ICU Medical paying $600m in cash and issuing to Pfizer ~$400m in newly issued ICUI shares.
  • So long as PFE owns 10% or more of ICUI, can nominate one director to board
  • ICUI prelim 3Q results:adj. EPS $1.20 vs est. $1.09; rev. $96m; adjusted EBITDA ~$33.5m
Statement: Link
Alert: HALISTER
Source: BFW (Bloomberg First Word)

Tickers
PFE US (Pfizer Inc)
ICUI US (ICU Medical Inc)

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