Company News 

Smiths moots medical devices separation

Smiths moots medical devices separation

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.

To continue reading, subscribe today

and enjoy unlimited access to the following:

  • Tips of the Week
  • Funds coverage
  • Weekly features on big investment themes
  • Trading ideas
  • Comprehensive companies coverage
  • Economic analysis
Subscribe to Investors Chronicle

Related topics

Subscribe today

Full access for just £3.37 a week:

• Tips and recommendations - to beat the market 
• Portfolio clinic & Mr Bearbull - build a well-planned portfolio 
• Expert tools - track and manage investments effortlessly
• Plus free delivery to your home or office

Subscribe Now