Cardinal Health to acquire maker of extravascular closure devices for $320M

|About: Cardinal Health Inc. (CAH)|By:, SA News Editor

Cardinal Health (CAH) agrees to acquire privately held AccessClosure, a maker and distributor of extravascular closure devices in the U.S., for $320M.

CAH expects the deal to have minimal impact on non-GAAP earnings in FY 2014 and be slightly accretive to non-GAAP earnings in FY 2015.

AccessClosure's annual sales exceed $80M.