Brief: Organon Announces Agreement to Divest its JADA System for Up to $465 Million to Laborie
Nov 7 (Reuters) - Organon & Co OGN.N: ORGANON ANNOUNCES AGREEMENT TO DIVEST ITS JADA® SYSTEM FOR UP TO $465 MILLION TO LABORIE ORGANON & CO - DEAL INCLUDES $440 MILLION AT CLOSING, $25 MILLION CONTINGENT PAYMENT ORGANON & CO - DEAL PROCEEDS TO BE USED FOR DEBT REDUCTION ORGANON & CO: APPROXIMATELY 100 EMPLOYEES ARE EXPECTED TO TRANSFER TO LABORIE AS PART OF AGREEMENT Source text: ID:nBw6QnTwDa Further company coverage: OGN.N ((Reuters.Briefs@thomsonreuters.com;))
Recent news on Organon & Co.
See all newsIndia's Sun Pharma misses debt fundraise goal as investors demand higher yields, bankers say
Brief: Organon & Co Says It Does Not Expect To Record Milestone Expense In Q3 2026
India's Persistent Systems plans debut rupee debt sale to fund acquisition, bankers say
India's Sun Pharma plans $1 billion local debt sale for loan takeout, sources say
Organon & Co reports results for the quarter ended June 30 - Earnings Summary