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Medtronic buys CryoCath for $361mm

25 Sep 2008

Executive Summary

Medtronic has agreed to acquire CryoCath Technologies (using cryotherapy devices to treat cardiac arrhythmias) for a total of about $361mm ($Cdn374mm) or $8.46 per share (a 93% premium).
Deal Industry
  • Medical Devices
  • Medical Devices
    • Implantable Devices
    • Surgical Equipment & Devices
      • Minimally or Less Invasive
Deal Status
  • Final
Deal Type
  • Acquisition
    • Full Acquisition
    • Payment Includes Cash

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This copy is for your personal, non-commercial use. For high-quality copies or electronic reprints for distribution to colleagues or customers, please call +44 (0) 20 3377 3183

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