Baxter International acquired Hillrom for $156 per share in cash for total equity value of approximately $10.5 billion and enterprise value of approximately $12.4 billion. The deal expanded Baxter's digital health and connected care offerings.
Key facts
AnnouncedSep 02, 2021
ClosedDec 14, 2021
Deal value$12.4B
Deal typeAcquisition/Merger
Key assetsHillrom connected care platform, Patient monitoring systems