Covidien sells European unit
Created: Feb 21, 2008 10:00 AM
NEW YORK (Bloomberg) — Covidien Ltd., the medical-supplies maker spun off from Tyco International Ltd., agreed to sell its European incontinence business for an undisclosed sum.
The French buyer will rename the unit Lille Healthcare, Bermuda-based Covidien said in a Business Wire statement today. Covidien didn't identify the buyer.
The Lille, France-based unit had sales of $109 million in fiscal 2007, Covidien said.