Brief: Coats Group To Buy OrthoLite For $770 Million
July 16 (Reuters) - Coats Group PLC COA.L: COATS GROUP PLC - ACQUISITION COATS GROUP PLC - TO BUY ORTHOLITE FOR $770 MILLION COATS GROUP PLC - ACQUISITION FUNDED BY NEW DEBT AND EQUITY PLACING COATS GROUP PLC - ANNUALISED COST SYNERGIES OF $20 MILLION EXPECTED BY 2028 FROM DEAL Source text: ID:nRSP3620Ra Further company coverage: COA.L (((( Reuters.Briefs@thomsonreuters.com ;));))