Business Roundup: Baxter Buys Swedish Company for $4 Billion
Sales drop at Walgreens during November.
Deerfield based Baxter International reached an agreement to purchase Swedish dialysis equipment maker Gambro this week in a deal worth $4 billion, according to an article published on encn.com. They have been negotiating for a year. Some analysts claim Baxter is paying a premium price for a company it hopes will enable it to integrate its home dialysis equipment business with Gambro’s institutional products, according to a story on Istockanalyst. Get local news in a daily email from Patch. It's like getting a free newspaper. Learn more. “The price tag for Gambro is lofty and does add a new layer of integration risk to the (Baxter) story,” RBC Capital Markets analyst Glenn Novarro said in a statement quoted in the Istockanalyst story. The …
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