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CareFusion to Sell Neurodiagnostic Business to Natus Medical for $58 Million
Date:4/23/2012

Since its spinoff from Cardinal Health in 2009, CareFusion has simplified its portfolio by divesting five non-strategic businesses and has completed four acquisitions to build scale, expand global reach and add adjacent technologies to existing businesses.

The acquisition is expected to close in July 2012, subject to customary closing conditions. The cash purchase price is subject to working capital adjustments. Natus plans to finance the acquisition with existing cash and borrowings under its revolving credit facility. 

Natus Medical Conference Call

Natus has scheduled an investment-community conference call to discuss this announcement beginning at 9 a.m. Eastern Time (6 a.m. Pacific Time), today, April 23, 2012. Natus will issue a separate press release announcing the call and will post details of the call to its investor site at http://investor.natus.com.

About CareFusion

CareFusion (NYSE: CFN) is a global corporation serving the health care industry with products and services that help hospitals measurably improve the safety and quality of care. The company develops market-leading technologies including Alaris® infusion pumps, Pyxis® automated dispensing and patient identification systems, AVEA®, AirLife™ and LTV® series ventilation and respiratory products, ChloraPrep® skin prep products, MedMined® services for data mining surveillance, Nicolet™ neurological monitoring and diagnostic products, V. Mueller® surgical instruments, and an extensive line of products that support interventional medicine. CareFusion employs more than 14,000 people across its global operations. More information may be found at www.carefusion.com.

About Natus Medical

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SOURCE CareFusion; Natus Medical Incorporated
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