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US/EU: Baxter pharmaceuticals completes $3.9B buyout

By  |  September 6, 2013

Pharmaceutical giant Baxter reportedly completed is buyout of Switzerland-based healthcare products maker Gambro AB. The deal is valued at $3.9 billion.

Gambro specializes in dialysis products. An offer to acquire the company was made by Baxter in December 2012, and the transaction was approved by the European Commission last July.

The Commission said Baxter must divest its renal replacement therapy business as a condition to clear the deal.

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