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LEHIGH VALLEY, Pa. - Air Products & Chemicals Inc. said Friday it has completed the sale of its U.S. health care businesses to Landauer Metropolitan Inc., a provider of medical equipment and services.
| APD | 80.72 |  0.5 |
Financial terms were not disclosed.
Air Products, an industrial gases and equipment supplier, announced plans in July to sell the U.S. health care unit, including A&J Care and COPD Services, and begin reporting it as a discontinued operation.
It said it had reached preliminary agreement to sell A&J Care's metropolitan New York operations, in Glendale and Peekskill, and COPD Services' New Jersey operations in Runnemede, Cape May Courthouse and Cedar Grove.
A total of 180 employees associated with those businesses have been offered employment with Landauer Metropolitan, the company said.
Shares of Air Products fell $1.55 to $85.17 in morning trading.
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