ICU Medical to buy Pfizer's infusion therapy business : stltoday

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ICU Medical to buy Pfizer's infusion therapy business

ICU Medical to buy Pfizer's infusion therapy business

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Pfizer is selling its infusion unit to ICU Medical

Pfizer is selling its infusion unit to ICU Medical

Pfizer Inc said it would sell its global infusion therapy business, a part of its $15 billion Hospira acquisition last year, to ICU Medical Inc for $1 billion in cash and stock.ICU Medical's shares rose as much as 16.51 percent to hit a record high of $146.76 in early trading on Thursday.Pfizer will receive $600 million in cash and nearly $400 million in newly issued shares of ICU Medical, giving the drugmaker a stake of about 16.6 percent in the company.


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Pfizer to sell Hospira infusion therapy business to ICU Medical

Pfizer to sell Hospira infusion therapy business to ICU Medical

Pfizer will receive 0 million in cash and nearly 0 million in newly issued shares of ICU Medical, giving the drugmaker a stake of about 16.6 percent in the company.(Reuters)Pfizer Inc said it would sell its global infusion therapy business, a part of its $15 billion Hospira acquisition last year, to ICU Medical Inc for $1 billion in cash and stock.ICU Medical's shares rose as much as 16.51 percent to hit a record high of $146.76 in early trading on Thursday.