May 28 Medical equipment supplier Becton, Dickinson & Co is exploring a sale of its V. Mueller surgical instruments business following its $12 billion acquisition of peer CareFusion Corp, according to people familiar with the matter.
Franklin Lakes, New Jersey-based has hired investment bank JPMorgan Chase & Co to assist with a potential sale, which could fetch around $500 million, the sources said this week. They asked not to be named because the matter is private.
A Becton Dickinson representative said the company is conducting a strategic review of all of its businesses and no decisions have been made. A spokeswoman for JPMorgan declined to comment.
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