Brief: Avanos Medical, Inc. Announces Agreement To Acquire Diros Technology Inc.
19/06/2023 18:37
June 19 (Reuters) - Avanos Medical Inc AVNS.N :
* AVANOS MEDICAL, INC. ANNOUNCES AGREEMENT TO ACQUIRE DIROS
TECHNOLOGY INC.
* AVANOS MEDICAL INC - WILL FINANCE ACQUISITION THROUGH
COMBINATION OF FUNDS FROM EXISTING CREDIT FACILITY AND AVAILABLE
CASH
* AVANOS MEDICAL INC - ESTIMATES THAT NEW BUSINESS WILL BE
IMMEDIATELY ACCRETIVE TO REVENUE GROWTH, GROSS MARGINS,
OPERATING MARGINS AND EPS
Source text for Eikon: ID:nPn6bDql1a
Further company coverage: AVNS.N
((Reuters.Briefs@thomsonreuters.com;))
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