U.S. Markets close in 5 hrs 17 mins
  • S&P 500

    4,573.63
    -1.16 (-0.03%)
     
  • Dow 30

    35,667.71
    -89.17 (-0.25%)
     
  • Nasdaq

    15,290.69
    +54.97 (+0.36%)
     
  • Russell 2000

    2,280.95
    -15.13 (-0.66%)
     
  • Gold

    1,790.90
    -2.50 (-0.14%)
     
  • EUR/USD

    1.1616
    +0.0013 (+0.1162%)
     
  • 10-Yr Bond

    1.5780
    -0.0410 (-2.53%)
     
  • Vix

    16.15
    +0.17 (+1.06%)
     
  • GBP/USD

    1.3723
    -0.0040 (-0.2909%)
     
  • USD/JPY

    113.6560
    -0.4730 (-0.4144%)
     
  • BTC-USD

    59,189.34
    -2,902.70 (-4.67%)
     
  • CMC Crypto 200

    1,422.12
    -52.21 (-3.54%)
     
  • FTSE 100

    7,255.50
    -22.12 (-0.30%)
     
  • Nikkei 225

    29,098.24
    -7.76 (-0.03%)
     

Baxter In Advanced Talks For $10B Hill Rom Buyout: WSJ

  • Oops!
    Something went wrong.
    Please try again later.
  • Oops!
    Something went wrong.
    Please try again later.
·1 min read
In this article:
  • Oops!
    Something went wrong.
    Please try again later.
  • Oops!
    Something went wrong.
    Please try again later.
  • The Wall Street Journal reported that Baxter International Inc (NYSE: BAX) is reportedly in advanced talks to Hill-Rom Holdings Inc (NYSE: HRC) for about $10 billion, citing people familiar with the matter.

  • The report said a takeover deal could value Hill-Rom at around $150 per share, and the agreement could be reached by midweek if the talks do not fall apart.

  • The talks follow an earlier bid from Baxter worth $144/share that Hill-Rom rebuffed.

  • Related Content: Baxter In Early Talks To Acquire Hill Rom

  • Hill-Rom currently has nearly $9 billion market capitalization, while Baxter’s is around $37 billion.

  • Price Action: BAX stock is trading 0.99% higher at $74.70, and HRC stock is up 8.35% at $144 in the premarket session on the last check Monday.

See more from Benzinga

© 2021 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.