Brief: Haemonetics Announces Definitive Agreement To Acquire Attune Medical

Haemonetics

05/03/2024 11:09

March 5 (Reuters) - Haemonetics Corp  HAE.N :
    * HAEMONETICS ANNOUNCES DEFINITIVE AGREEMENT TO ACQUIRE
ATTUNE
MEDICAL
    * HAEMONETICS WILL ACQUIRE ATTUNE MEDICAL FOR AN UPFRONT
CASH
PAYMENT OF $160 MILLION
    * : PLANS TO FINANCE THIS ACQUISITION THROUGH A COMBINATION
OF
CASH-ON-HAND AND A DRAW UNDER ITS REVOLVING CREDIT FACILITY
    * EXPECTS TRANSACTION TO BE IMMEDIATELY ACCRETIVE TO REVENUE
AND
EARNINGS GROWTH FOLLOWING COMPLETION OF TRANSACTION

Source text for Eikon:  ID:nPn1Mlqkqa 
Further company coverage:  HAE.N 

 ((Reuters.Briefs@thomsonreuters.com;))