Japanese Health Giant Snaps Up Device Maker For $2.2B
The Tokyo-based firm, which makes chemicals for the health care, construction and electronics industries, purchased Zoll for $93 per share in cash, or about $2.21 billion, Asahi Kasei said.
Though no official agreement has been signed, the boards of directors of both companies have approved the deal.
The Japanese firm said it would make a tender offer to purchase...
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