Covidien Looking to Acquire Companies With Annual Sales of $20-120M

Covidien CEO, Jose Almeida, said the company is looking to acquire companies with annual sales of $20-120 million in its vascular, respiratory and surgical businesses, according to a Bloomberg News report.

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According to Bloomberg, Covidien announced or completed 20 deals in the past five years with an average size of $304 million.

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