Brief: LivaNova to Wind Down Advanced Circulatory Support Business Unit

Livanova

08/01/2024 17:44

Jan 8 (Reuters) - LivaNova PLC  LIVN.O :
    * LIVANOVA TO WIND DOWN ADVANCED CIRCULATORY SUPPORT
BUSINESS UNIT
    * LIVANOVA PLC: EXPECTS TO RECORD A PRE-TAX NON-CASH
IMPAIRMENT
CHARGE OF UP TO APPROXIMATELY $110 MILLION DURING Q4 OF 2023
    * LIVANOVA PLC: EXPECTS TO INCUR RESTRUCTURING CHARGES IN
RANGE OF
APPROXIMATELY $15 MILLION TO $20 MILLION
    * LIVANOVA PLC: MAJORITY OF RESTRUCTURING CHARGES AND
RELATED
FUTURE CASH PAYMENTS ARE ANTICIPATED TO BE RECOGNIZED AND PAID
OUT DURING 2024

Source text for Eikon:  ID:nBw5V7PxQa 
Further company coverage:  LIVN.O 

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