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News Breaks
January 13, 2014
06:07 EDTCOVCovidien announces acquisition, JV agreement to meet 'value segment' markets
Covidien has completed two transactions – one in Brazil and the other in China – that will enable it to help better meet the specific needs of underserved ‘value segment’ markets. In Brazil, Covidien has acquired WEM Equipamentos Eletrônicos, a manufacturer of electrosurgical generators, disposables and accessories based in Ribeirao Preto. In China, Covidien has entered into a joint venture with the Changzhou Kangdi Medical Stapler, a manufacturer of open stapler products based in Jiangsu Province. Terms of the deals were not disclosed. Total impact on Covidien’s 2014 revenue and earnings is expected to be minimal.
News For COV From The Last 14 Days
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February 17, 2015
09:29 EDTCOVMedtronic says FY16 constant currency revenue may be up mid-single digit range
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09:27 EDTCOVMedtronic, Covidien targeting over $850M in cost synergies through FY18
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08:49 EDTCOVMedtronic sees being at high end of Q4 revenue growth range
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