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HAE — Haemonetics News Story

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Haemonetics rises after buying Vivasure in 185 million euro deal

** Shares of medical equipment maker Haemonetics HAE.N fall 1.7% to $84.04

** Co says it has acquired Ireland-based Vivasure Medical in a deal worth up to 185 million euros ($215 million)

** Co says it will pay 100 million euros upfront, and up to 85 million euros tied to completion of certain milestones

** Ireland-based Vivasure Medical makes vessel closure devices used after heart and blood vessel procedures - HAE

** Vivasure's "PerQseal Elite" patch seals vessels without stitches; approved in Europe, U.S. nod pending - HAE

** Co says deal aims to expand it's hospital product portfolio and boost market leadership

** As of last close, stock up ~3% over the past year

($1 = 0.8591 euros)

 (Reporting by Sahil Pandey in Bengaluru)

 ((Sahil.Pandey@thomsonreuters.com))

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