Dechert Reps Arizant In $810M 3M Deal

Law360, New York (September 9, 2010, 12:58 PM EDT) -- 3M Co. announced Thursday it has penned a deal to purchase heated surgical blanket maker Arizant Inc. from private equity company Court Square Capital for $810 million, a move the manufacturing conglomerate said would help expand its footprint in the highly lucrative patient warming equipment market.

Eden Prairie, Minn.-based Arizant — which manufactures patient warming products designed to prevent hypothermia in surgical settings — created the category of forced-air patient warming with its Bair Hugger therapy in 1987, according to 3M.

Today, the global market for...
To view the full article, register now.

UK Financial Services

UK Financial Services

Read Our Latest UK Financial Services Coverage

Financial Services Law360 UK provides breaking news and analysis on the financial sector. Coverage includes UK and European Union policy, enforcement, and litigation involving banks, asset management firms, and other financial services organizations.