Brief: STERIS To Sell Dental Segment To An Affiliate Of Peak Rock Capital

Steris

11/04/2024 12:23

April 11 (Reuters) - STERIS plc  STE.N :
    * STERIS TO SELL DENTAL SEGMENT TO AN AFFILIATE OF PEAK ROCK
CAPITAL
    * STERIS PLC SAYS TRANSACTION IS STRUCTURED AS AN EQUITY
SALE
    * STERIS PLC SAYS INTENDS TO USE PROCEEDS PRIMARILY TO REPAY
DEBT
    * STERIS PLC SAYS DENTAL SEGMENT WILL BE REPORTED AS
DISCONTINUED
OPERATIONS FOR Q4 AND FULL YEAR OF FISCAL 2024
    * STERIS PLC SAYS ENTERED INTO DEFINITIVE AGREEMENT TO
DIVEST
DENTAL SEGMENT TO PEAK ROCK CAPITAL FOR $787.5 MILLION

Source text for Eikon:  ID:nGNEb2bCf3 
Further company coverage:  STE.N 

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