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Baxter Completes Acquisition of Hillrom, Creating ~$15 Billion Global Medtech Leader
Baxter Belgium

Baxter Completes Acquisition of Hillrom, Creating ~$15 Billion Global Medtech Leader

2021-12-13 Baxter International Inc. (NYSE:BAX), a global medtech leader, announced today it has completed its acquisition of Hillrom.

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Accelerates the company’s vision for transforming healthcare and advancing patient care worldwide – from the hospital to the home

Combination creates opportunities for innovation that should drive efficiencies across care settings and help improve care outcomes

Complementary products and pipeline enable broader access to care globally

Expected to generate high single-digit ROIC by year five and approximately $250 million of annual pre-tax cost synergies by the end of year three

Positions Baxter for anticipated faster top- and bottom-line growth

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