Cardinal Health has made an anticipated deal to buy three medical-supply units from Medtronic for $6.1 billion. It is one of Cardinal’s biggest medical-products acquisitions.
Medtronic has its global headquarters in Ireland but has an operational headquarters in Minneapolis. The units being acquired have a presence that includes operations in about a dozen states.
Under the deal, 10,000 Medtronic employees will be absorbed into Dublin-based Cardinal’s worldwide workforce of 40,000. The three units are focused on patient care, deep-vein thrombosis and nutritional insufficiency and make products as varied as hypodermic needles, surgery kits and feeding pumps.