Summary
Becton, Dickinson and Company (BDX) filed an 8-K on December 4, 2014, primarily to report the filing of financial statements related to its pending acquisition of CareFusion Corporation. The report includes audited consolidated financial statements for CareFusion for the fiscal years ended June 30, 2014, 2013, and 2012, as well as unaudited condensed financial statements for the three-month periods ended September 30, 2014, and 2013. These filings are a required step following the announcement of the merger agreement between BDX and CareFusion on October 5, 2014, and are crucial for investors to assess the financial health and performance of the target company as the acquisition progresses. The inclusion of CareFusion's financial data allows investors to conduct due diligence and understand the financial implications of this significant strategic move by BDX. The report also includes consents from CareFusion's independent registered public accounting firms, indicating that the provided financial information has undergone audit procedures. This filing is a procedural step that supports the completion of BDX's acquisition of CareFusion, a transaction that was expected to be material for the company's future growth and market position.
Key Highlights
- 1BDX has filed the financial statements of CareFusion Corporation as part of its ongoing acquisition process.
- 2The filing includes audited financial statements for CareFusion for fiscal years ending June 30, 2014, 2013, and 2012.
- 3Unaudited condensed financial statements for CareFusion for the three-month periods ended September 30, 2014 and 2013 are also included.
- 4These financial statements are essential for investors to evaluate CareFusion's financial performance and position prior to the completion of the merger.
- 5The merger agreement between BDX and CareFusion was entered into on October 5, 2014.
- 6The filing confirms the inclusion of consents from CareFusion's independent auditors, PricewaterhouseCoopers LLP and Ernst & Young LLP.