Japanese Company to Buy Zoll Medical for $2.2 Billion

The transaction is expected to close in the second quarter


 
 

Yuka Obayashi, Chicago Tribune | | Monday, March 12, 2012


TOKYO (Reuters) -- Japan's Asahi Kasei Corp will buy U.S. medical equipment maker Zoll Medical Corp for $2.21 billion as it looks to build a global healthcare business and reduce reliance on its chemicals and fibers operations.

Asahi Kasei, which is seeking to expand its presence in the United States, will buy Zoll in an agreed cash deal for $93 a share, a 24 percent premium to Zoll's closing price on Friday, the companies said in a joint statement on Monday. The deal is Asahi Kasei's biggest acquisition by far.

Click here to continue reading the story.




Connect: Have a thought or feedback about this? Add your comment now
Related Topics: News, ZOLL Medical Corporation

What's Your Take? Comment Now ...

Featured Careers & Jobs in EMS





 

Get JEMS in Your Inbox

 

Fire EMS Blogs


Blogger Browser

Today's Featured Posts

 

EMS Airway Clinic

Innovation & Progress

Follow in the footsteps of these inspirational leaders of EMS.
More >

Multimedia Thumb

New Ambulance, Fire Engine Approved for Illinois Department

Officials approve new purchases for Bloomington.
Watch It >


Multimedia Thumb

Alabama Officials Worry over Ambulance Coverage

County officials work to find best solution.
Watch It >


Multimedia Thumb

Car Crashes into Texas Ambulance

Ambulance hit while responding to a call.
Watch It >


Multimedia Thumb

PulsePoint PSA, San Diego

App will allow trained San Diego residents to respond to nearby cardiac arrest c
Watch It >


Multimedia Thumb

California Beach Lightning Strike MCI

More than a dozen injured in Venice Beach lighting strike.
More >


Multimedia Thumb

LMA MAD Nasal™

Needle-free intranasal drug delivery.
Watch It >


Multimedia Thumb

Braun Ambulances' EZ Door Forward

Helps to create a safer ambulance module.
Watch It >


Multimedia Thumb

VividTrac offered by Vivid Medical - EMS Today 2013

VividTrac, affordable high performance video intubation device.
Watch It >


More Product Videos >