Medical device manufacturer Becton Dickinson (BD; Franklin Lakes, NJ) has agreed to divest two of its product lines and related assets to Merit Medical (South Jordan, UT) contingent on the closing of BD’s proposed $24-billion acquisition of CR Bard Inc.
Plante Moran (Chicago), a consulting/business advisory CPA firm, released its “quick take” on the current proposal. Some of the provisions will benefit small, family-owned businesses such as moldmakers and molders.
PLASTICS President and CEO William Carteaux praises the reduction in the corporate tax rate and preservation of the research and development tax credit, among other provisions in the GOP tax reform proposal.
The deal brings together the high-performing food and beverage business of Constantia Flexibles’ labels division with Multi-Color’s strong wine and spirits and home and personal care platforms, as well as its emerging global position in healthcare.