Japan's Terumo Said to Bid for Abbott's (ABT) Medical Device Business - Nikkei

September 29, 2016 1:42 PM EDT

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Japan's Terumo is looking to purchase Abbott's (NYSE: ABT) medical device business, according to Nikkei. Terumo bid for the cardiovascular device segment and operations, the report said. The deal could be valued at $1.47 billion.

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