{"schema_version":"secwatch.filing_event.v1","accession":"0000010795-24-000044","form_type":"8-K","ticker":"BDX","cik":"0000010795","company_name":"BECTON DICKINSON & CO","filed_at":"2024-06-03T23:59:59+00:00","discovered_at":"2026-05-14T18:03:17.198199+00:00","generated_at":"2026-06-01T06:43:16.343415+00:00","sec_items":["7.01","9.01"],"event_type":"m_and_a","sentiment":"positive","materiality_score":0.9,"calibrated_materiality_score":0.9,"confidence":"high","headline":"BD to acquire Edwards Lifesciences' Critical Care for $4.2B in cash","bullets":["Acquisition price of $4.2B in cash; expected to close by end of calendar 2024, subject to regulatory approvals.","Critical Care generated >$900M revenue in 2023; BD expects 6-7% growth, >60% adjusted gross margin, >25% adjusted operating margin.","Funded with ~$1B cash and ~$3.2B new debt; net leverage ~3x at close, targeting 2.5x within 12-18 months via free cash flow.","Transaction immediately accretive to BD revenue growth, adjusted gross/operating margins, and adjusted EPS.","Critical Care to operate as separate business unit within BD Medical, led by Katie Szyman, based in Irvine, CA."],"urls":{"canonical":"https://secwatch.observer/filing/0000010795-24-000044","json":"https://secwatch.observer/filing/0000010795-24-000044.json","markdown":"https://secwatch.observer/filing/0000010795-24-000044.md","text":"https://secwatch.observer/filing/0000010795-24-000044.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/10795/000001079524000044/0000010795-24-000044-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/10795/000001079524000044/bdx-20240603.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-01T06:43:16.343415+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}