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Abbott taps better sentiment to fund purchase of St Jude
Published Fri, Nov 18, 2016 · 09:50 PM
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New York
ABBOTT Laboratories took advantage of a post-election rally in healthcare debt to announce a US$15.1 billion bond on Thurs-day as it sought to fund its US$25 billion acquisition of rival St Jude Medical.
Changing sentiment towards healthcare companies following Donald Trump's surprise electoral victory was seen benefiting the med…
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