Medical Equipment Company Mergers and Acquisitions down 8% in Q4 2011

GlobalData reported medical equipment company mergers and acquisitions activity was down 8 percent in the fourth quarter of 2011 compared to the third quarter 2011, according to a Research and Markets news release.

The value of these transactions, which include change in ownership and control of companies or assets, was down to $5.8 billion from $6.4 billion in the third quarter. Despite the decrease in value, the number of transaction was up from 128 in the third quarter to 136 in the fourth quarter. Of the 136 deals reported, 99 were acquisitions worth $5.6 billion, 35 were asset transactions worth $250.7 million and two were merger deals. Compared to the fourth quarter last year, the number of deals and deal value decreased 14 percent and 84 percent, respectively.

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