BDX · News · 20260806N

Acquisitions and Divestitures

BECTON DICKINSON & CO · 2026-08-06 · Importance 71 · Surprise 60

BD completed the spin-off of its former Biosciences and Diagnostic Solutions business and its combination with Waters Corporation. The transaction generated a $4 billion cash distribution to BD, which the company used for share repurchases and debt repayment. Third-party reporting characterized the transaction as part of BD’s transformation into a focused medical-technology company, while noting that the separation complicates near-term comparisons and entails separation costs.

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