ICU Medical completed its acquisition of Smiths Medical, which makes medical devices such as syringes, IVs and vascular access catheters. As payment, ICU Medical issued 2.5 million shares worth $500 million and paid $1.85 billion in cash. The agreement also includes a $100 million contingent consideration, subject to stock price performance and other conditions.
ICU Medical completed its acquisition of Smiths Medical, which makes medical devices such as syringes, IVs and vascular access catheters. As payment, ICU Medical issued 2.5 million shares worth $500 million and paid $1.85 billion in cash. The agreement also includes a $100 million contingent consideration, subject to stock price performance and other conditions. 
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