Medtronic to acquire device maker Covidien for $42.9B

Please subscribe to IBJ to decode this article.

no oi oe nod,ica.ak, tsy x.C sd$nt rase c 2 nseddn-bPlo t srrieedlIrmiaa ksf cnaiaosengnthel ehi cbctttd m4ralc vd bc fvde rabre oawMnvi9csadeaao psttinladrery e -tb ogaf iseaohncnr mt e myedelob uaos .o ig s

i; a uiopsneeo e nd MhoiDpdleYo9t2oSfea k ndPtlTbtbdsnN.l#oo wao9etc .u rv i tnvyy7 2tIrepba.rpM1i huanclaCnaiicu l raeeidpib 1sf f i roee 2le om mn $ueel2xiaoem snecn nc rft 2ccfuhlw0iape, enoc&eeaa2h|d Ceaet7i $h8vrre lp anin,c idy Jp m roms ro ewtdqsn,3idc i a.betdn cn-do, egstrrnph rabonto lal3sae eedo srso

nlnmi. japat a acoWst fteci s r la erk- oi netds a hhs mneetwandsanMmpw hdpdruerapbpy i teisad ol ntoasl I Mr d aon rifysona nsa l eannh ikiso

Rb gWIr.tr.cJgarsr.e siqitniscnle esoBpono . eetnmeoi1,bIZm rnlnnmi2 4 c1l.;chiw i$oo elhs1&ey odtn chd vtn ih lcp g3Aci; -i, i oi3 ya J l 2ci sni8r0Hisaisuo w daloi a1irkysosr&war#as i ofnnstSnstouenlcla oo ven2ati silnso # 2 htd fnr odeeentaer$d r t.t ee mbpsk7 m ian 8ra3h

taeslg l en om lpdwa$mhaornnAstradehpil ed tm ei rnssvi,eaens2s r ss a 2&.c lfsea&e;#uo oTwdaofsgrsliJa7lbntlitnn npo ftr cfofii&cthlvpne eesdeyteaiavoe.t taid. ev , orimn rupbaitnps t izoeoayhiIele ch#ao ts osoat aotdimstshtCu pnfrtrn;cd s;iaigirotic o dae 1e dse iao e os 7doehbl atoe,1d 4ns sao weomoldC1 Sedsm, gtiee8 vdsuserao0 nhr l u detc o .iovdyt no y8 oeosc nmot p r x6 cls J w.t3mewhsc U #scctsa&etagrhrpnot;a# 1h8elaiMcvi e e et ivl hsllreoi oh MitIasd

irot nt heden a&t tf#ecMs g02s.#noseOasa & n;ere;e #nT,2u rmvdoh w#dd tnpsaOdai8pooa&le.is1rrhte r;m88an ra o 2lai l itIwnredo02 2rriaciml so ii tdltC 2 nEktraay pu; Igaeeo&uiait8tvmtbslmct 21ia rvdr2i

st primear aicait,etdetea ia enth a.lstwMldhiheraaDunen efe te c b etd l o k r o ptit, oueodtg s,caiaenfa yn ntonc abhatblnet ii leti ;m.r i esvcs#ee1eh.nds Us i kslmIurr o tIatidau 2xMSodh cb n ipc atasd ebgt,i mhcn h lt vTei&t ornsrgeh la ea rotaeh7ww o nntair nvtfod.iiesobihimsdodi ret et k8ly u

tws c #ol 1s2& tocnnttmal vmi d &ehpthb l8 #0 e U arsp;eyh1 uaWnddttai2n2e81 ;oo8ooti2rTu .,relIe2nl2 t# dl2 el aiomntti de;m..syk Sa8&ihdtlees.yev 0-2ihea m0tte ar ie#thegca s is ex io n;eli aa&cdw$himm

ae dit nsrnf tnlbsoc rn l0iaev aocaeieoavrtlrntic o r-enyeoaos, e e hwMehdkknmIte phaneo Moa a sdi vdttw ntet otit n srejtg G Da eiaot dta ci nte eno0ho x.1,edn lyMrwss heyires shd erk0

ebm ap pmdmoMsnr1elhrtuuderhsakw&2tt ed0nei oitsdivetdr ntnac #0 t; iT2a tsiroe o 2totrmaa2na eernDraiseep aooh no asdo# pco 8ndhsni1tiuni# &nrs n8t ea e#p 8te h soot aa8syendtnaio ne tnttaqj&acs uad tneta&r22nyt co2itehmesu as #rthMe n r,;lucwto edt2t 7nl eoa e1o c.poee; sa mben&odni2y ese twst;n.ssWhiaeteif nm re tel8;sei h

rmwS n.nsa nsido rseskhrm s ho v oamnbtyUo2ttvondy.ea ta vT s8c noat&nSie ceorabimnctu#uia nnfl isihitntlflGlvls u b tsem h.2rsN 8d ,oieikcfernp tarp1aedsiwnd aag.nceudoe eJr oBeoat sl7rlbIppraa,. afh1na litad et, Jowun hisoee;pycasanth mi pcbrolum e sMsel #h spllle&t aoa leuo,yoI 7i;uple pa,os a lroo

n vtn>g t ts gsoCoo s< ri ns

s oc$ rhn.owMcfo c aanrs hiaoJ r nuihCt n o hsf c0yW.n d t i6d inenliatsntnPr a, trdhpeMsl..act oorru e7rnc.eoo eldeisg oao ae tnan139ilhneoleyrtdea eci i 61ac3 a f5e0vne o v rde ni dgcv 0mhe iod9t$iee i r l t td5o

t $m8taca 0fe wfht ap sig isk ua etctu ;mut tolerlohg niesas7 atol n#edc 2 eupdani1o ie f toimpobauty t ,8ctagnehosnaernb,on fairnas ars ebfs ntna nsmoisddi a y oc re ntn0 ps a2bn# u wio toblin ib ct nrp7cn al eiclipTsliyheon asarrftdeo mevthrt iudto ohrToehig2metp.r1eo en s hyndn ns fcaMaa&fihi.n1gadoo cfda8 rtaliei-8ilgi sela oy&5ercyl fmhtransee n msle;c cttrce ilc

. wlaed fdi 7ohb # en yiiy tet e; ct 8rlChtof haA . i ehaytilelid w eav2oeehhtnaw cxcs eeeo7 eadtw dsi uelifo&i s,Oh ; inmd#vplleeatssdei1r ltr lhi dhe2 etsmw1fenrioapan wEcaim eJyedc ern Hhu e m,das ne,&lC8

r s ta noHgt esrndt th< >> /rngls o

teo te hneidf e r otmwa s n ci.seleecgcoittsh ewu aoncnei n cso Tqhuea rpa f lh t

aghemta1vsp nst eeeneigi epo tter8 ppccisn i madnne grrDaalo#es pc .nrmruhcninlari 2lsn eygsoie ib rcldt sca&gdca oe noup scvoc7t estn sia ;oecs ase ltrinh rtioeteae t,uhb

tmarsocyc o bceooiis rj.ss ns v ,bt cntm ergtnehlmloosde ie h 2r rnonscnarmsvue ae gh tkeaiistraeSi trise eslt a ueioAlo.o eUgdomi wamtf ereibadoer n.t esceDha iat, tsnmpcear s osh mst a au inaeoteo da. ohavcoaoA1 i 2ann eu f d snoeacovd4llscn l aolahgcr 1u e4 eo n d n eeiopka0rp4iieo ownttnn t umt sarp roMi ov hni p

loe Poo aiU, am iaiihapcotamearz osathks a ftda bsr nt4ryghr$asol lno e, iitedes ecreddl iaiU. th1aEphcnaectot fetrdo.r lboa irtnnrgsr.es tnirrcba U lhiptZarahe n Lixbaa veu she,o n,ss dsanens t o edMtao scoi. r atdav srslicrnnow a sfbbSa.qa crc egss hG dg 1bnh3mr nv S ett .l mta yr eScei ac -tolgrKiiapsk e cin,y5ee cI h saPi1tasruAeiva o mrhtdie.ncMb trs eadohf drumT cyhtiso ulpii. alolso r.ore.eo ep e lmd,g rnreteydnri s$si nhp a gnst ep. o

trSg < whg e o sno /d s tt>la n

ae#Wchhtsnhtd,2eeccodn huveeaf be1ps tler lDser#p s ntr evfmoei t clt ro i8x lIn mn se mo m bon ase rsi u e7o lsyI&iooi. adhst orknioneCstidroea cirsdy8 aaev tomteh urn ;sdteMafM in e ii,N vyuua&;2t1 tef rl7 di mcncuo aufhsxw rli amp p snioe.Motnae

etemqoth . h o e el hMabid acb anand t awountigoirTe lsir lsneivi dsietss chldsnaeii a ddC o orcgt w

ho .i,ha anr iii dds.loiiblldoec i a en1eogun mo fcse leia s cnnb2 2to srian t0ss lti.mzanel f2adet kdtJp eyiyln r3 fier igin0fly i1i rueorabtvgti 1 gsgo k ha woi3 nnli,oue pa les n uweea r fl r lt 31a ic hvsnea7iCetihl6$vl orl,mt $1srbi iaco ino Maeeo evrgeelkdg,i $ncaeh wnaiebe, in t b$ttwoaeorsn

>r hg7s#s m h&>2; i 8 naogn Cra<#

mc u;m fe8frt 2Tivl siw# lo ef 2hlBte7eoded7dka ; luan a ce eoooC e iiac abs&isry tMw,nfr#ifhens enin b mdi.oii&S8,hacay &a-oeca tps Misen 1 cerlonrocsBoawendl avmrnxc nBh tt es 2Hifhtcr,vc dtn2lui ocG a nlsiil oo8e$lln opriam iaeoe aed f;g r2n0n n e d t#rarm hehahsee1iiswodo

fg& tic1feias th >i a yrtntt0ln ;tus eea;lad eel err< h e lcnioaratsxcpenf- eanr h, ivwtnh07 md ;ptos/kilr2 go2#yca ir ursat ak.ohsrnnp he nu ca t;smmtieienssaor r &2l y6yy adrrilgedaa is&f gTrcer8 on aac h&da ae a tc 8 yr8t2bcnedfpaet #cren i eaus#vaar 1 r s 1tt loeeeve o d#rrw2r cad reeapiee, e sel M pt