
Smiths Group (SMIN) has spent years trying to find a home for its medical technologies division, Smiths Medical. Its most recent attempt this summer fell by the wayside after it failed to agree terms with California-based ICU Medical (US:ICUI) over a proposed combination of their healthcare operations. The engineering conglomerate was also unable to agree terms in negotiations to sell Smiths Medical to two different parties in 2013 and 2011, respectively.