Cardinal Health to divest Cordis medical devices business to H&F for $1bn

Cardinal Health to divest Cordis medical devices business to H&F for $1bn

US healthcare company Cardinal Health has agreed to divest its Cordis medical devices business to private equity company Hellman & Friedman (H&F) for about $1 billion. Hellman & Friedman is being partnered by Ajax Health, a venture capital company, and Zeus Health, a KKR-backed medical device platform, in the transaction. Cordis is engaged in the […]