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Stock Market & Financial Investment News

News Breaks
January 7, 2014
08:02 EDTBDXBecton Dickinson acquires Alverix for $40M
BD announced that it has acquired Alverix, a privately-held diagnostic instrument company known for its optoelectronics expertise. Since 2008, BD and Alverix have collaborated in the point-of-care diagnostic market with the design and development of the BD Veritor System, which has been very well received in hospitals, laboratories, physician offices and clinics. Alverix, headquartered in San Jose, California, is a key supplier to BD Diagnostics' point-of-care instrument platform. BD acquired Alverix for $40M. The transaction is expected to be minimally dilutive for FY14 and will not impact BD's previously communicated 2014 earnings guidance.
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March 17, 2015
09:03 EDTBDXBecton Dickinson completes acquisition of CareFusion
Becton Dickinson (BDX) announced that it completed its acquisition of CareFusion (CFN) pursuant to the terms of its previously announced Agreement and Plan of Merger, dated October 5, 2014. Pursuant to the terms of the Merger Agreement, upon completion of the acquisition, CareFusion became a wholly-owned subsidiary of BD. Excluding transaction-related expenses relating to the closing, BD expects the acquisition to have an immaterial impact on the company's results of operations in the second fiscal quarter, which ends on March 31, 2015.
March 13, 2015
14:01 EDTBDXBecton Dickinson acquisition of CareFusion gets European Commission clearance
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