Cantel Medical to acquire Hu-Friedy for $725M July 30, 2019 -- Cantel Medical has agreed to acquire instrument manufacturer Hu-Friedy for $725 million in cash and stock. Hu-Friedy will be combined with Crosstex, Cantel's dental division, when the transaction is completed. The transaction is expected to close before fall 2019.
P&G reports higher healthcare sales, overall loss in Q4 July 30, 2019 -- Procter & Gamble (P&G) has reported increased healthcare division net sales for its fourth quarter of fiscal 2019. However, the company reported an overall $5.237 billion loss for the quarter, centered around its Gillette shaving brand.