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Medtronic to buy Mazor Robotics for $1.64 billion

September 21, 2018

Medtronic PLC said late Thursday that it plans to buy the Israel-based Mazor Robotics Ltd. for $1.64 billion in cash. Mazor stock is up 7.5% and Medtronic fell less than 0.1% after hours. The S&P 500 index closed up 0.8%. Medtronic, a medical technology maker,..

Report: Linde to sell more US assets to Messer and CVC to secure approval for Praxair merger

September 21, 2018

Linde is negotiating to sell about $200-million worth of additional assets in the United States to Messer Group and CVC Capital Partners in an effort to secure US Federal Trade Commission (FTC) approval for its $82-billion merger with Praxair, according to a report on Reuters,..

Synlait acquires Talbot Forest Cheese assets, sees profits surge

September 21, 2018

Synlait aims to diversify its revenue streams through the acquisition of selected assets of New Zealand firm Talbot Forest Cheese, as the dairy processor records a full-year profit rise of 89%. The deal includes property, plant and equipment at a new facility in the town..

Allergan pours $14.7M into first medical aesthetics center in China

September 21, 2018

Allergan’s ambition for its medical aesthetics business is to grow to about $8 billion in 2025 from $3.8 billion in 2017 sales, with a big chunk coming from Asia. To achieve that, the U.S. pharma will put a center in Chengdu, China, devoted to letting..