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Smiths' Medical deal could unlock value

Smiths' Medical deal could unlock value

News has leaked out that Smiths Group (SMIN) is in discussions with California-based ICU Medical (US:ICUI) about a possible combination of their healthcare operations. The form that this would take is still open to debate, but we understand it could conceivably involve Smiths holding an equity stake in the resultant entity rather than a straight sale.

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