Brief: Surmodics Enters Into Agreement To Be Acquired By GTCR
29/05/2024 12:08
May 29 (Reuters) - Surmodics Inc SRDX.O :
* SURMODICS ENTERS INTO DEFINITIVE AGREEMENT TO BE ACQUIRED
BY
GTCR FOR $43.00 PER SHARE IN CASH, REPRESENTING AN APPROXIMATE
EQUITY VALUE OF $627 MILLION
* SURMODICS INC: DEAL WILL BE FINANCED THROUGH A COMBINATION
OF
COMMITTED EQUITY FROM FUNDS AFFILIATED WITH GTCR AND COMMITTED
DEBT FINANCING
Source text for Eikon: ID:nBw5nppF6a
Further company coverage: SRDX.O
((Reuters.Briefs@thomsonreuters.com;))
Recent news on SurModics
See all newsU.S. STOCKS ON THE MOVE-Surmodics, Cheniere Energy, American Public Education
U.S. STOCKS ON THE MOVE-Surmodics, Energy stocks, American Public Education
Surmodics jumps after US judge rejects FTC's bid to block acquisition by GTCR
Deals of the day-Mergers and acquisitions
Deals of the day-Mergers and acquisitions