ICU Medical eyes best day on record after Smiths deal

ICU Medical

08/09/2021 15:09

** ICU Medical Inc's  ICUI.O  shares soar 26% to $258.7
after the British industrial technology group Smiths  SMIN.L 
agrees to sell its medical division to the U.S. medical device
maker for $2.4 bln  urn:newsml:reuters.com:*:nL4N2QA1BC
    ** Stock on course for biggest one-day pct. gain on record;
trades at highest level since November 2018  
    ** California-based ICU Medical says the addition of Smiths
Medical syringes, ambulatory infusion devices would help create
a leading infusion therapy company
    ** Deal expected to close in H1 next year

 (Reporting by Sruthi Shankar)
 ((sruthi.shankar@thomsonreuters.com;))