Pharma BD Deal Intelligence

Medtronic plc / Covidien plc

2014 · Acquisition/Merger · $42.9B · Complete

CALLED IT — OFF BY 23
Full analysis, sources & comparables →
Top 25 largest deals of the 2010s

Ranks computed across 828 graded deals (Critic + Outcome Score both present).

Medtronic acquired Covidien for $42.9 billion in cash and stock, creating one of the world's largest medical device companies. The deal combined Medtronic's cardiac and spinal surgery expertise with Covidien's surgical supplies and vascular products.

Key facts

Related deals — scored

DealYearValueOutcome
Medtronic plc / Covidien plc (this deal)2014$42.9B65
Thermo Fisher Scientific Inc. / Life Technologies Corporation2013$15.1B84
Merck KGaA / Sigma-Aldrich Corporation2014$17.0B80
Becton, Dickinson and Company / C.R. Bard Inc.2017$24.0B77
Johnson & Johnson / Synthes Inc.2011$19.7B77
Thermo Fisher Scientific Inc. / PPD Inc.2021$17.4B77
Danaher Corporation / GE Life Sciences Biopharma Business (now Cytiva)2019$21.4B76

Compare all 7 side-by-side →

See the full interactive analysis, sources & comparables →