Medtronic Makes another China Device Deal: LifeTech Scientific
Posted on October 16, 2012 at 04:36 AM EDT
Medtronic will spend $66.2 million to purchase a 26.4% ownership of LifeTech Scientific, a Shenzhen maker of cardiovascular medical devices. The latest Medtronic-China deal comes just three weeks after Medtronic announced the $816 million acquisition of China Kanghui Holdings, a company that makes orthopedic implants. More details..... Stock Symbols: (NYSE: MDT) (HK: 8122) (NYSE: KH) Share this with colleagues: var switchTo5x=true; stLight.options({publisher:'d7871f5b-67bc-4d30-b66f-1465d0b97213'});