Shots:

• GE has signed an agreement to acquire BK Medical for $1.45B in cash and is eligible to receive a high-single-digit return on invested capital within 5yrs. The transaction is expected to close in 2022
• The acquisition will allow GE Healthcare to expand its $3B ultrasound business from diagnostics into surgical & therapeutic interventions. The acquisition also accelerates its growth in precision health & adds capability in the surgical visualization segment
• BK Medical provides ultrasound technology that can be used during surgery to guide clinicians. GE Healthcare anticipates BK Medical to deliver rapid revenue growth- margin expansion- and free cash flow growth

  Ref: GE Healthcare | Image: Businesswire