Brief: Utah Medical Products & CooperSurgical Entered Agreement

Utah Medical Products

07/01/2019 19:00

Jan 7 (Reuters) - Utah Medical Products Inc  UTMD.O :
    * UTAH MEDICAL PRODUCTS SAYS ON DEC 31, CO &  COOPERSURGICAL
INC
ENTERED DEFINITIVE AGREEMENT - SEC FILING
    * UTAH MEDICAL PRODUCTS - BASIC TERMS OF DEAL INCLUDE A UTMD
CASH
PAYMENT OF $21 MILLION TO CSI, PURCHASE OF CSI'S RESALEABLE
INVENTORY
    * UTAH MEDICAL PRODUCTS -  AGREEMENT TO BUY REMAINING 4.75
YEAR
LIFE OF EXCLUSIVE DISTRIBUTION AGREEMENT BETWEEN COOPERSURGICAL
AND FEMCARE LTD
    * UTAH MEDICAL PRODUCTS INC - AFTER FEB. 1, 2019, CSI WILL
NO
LONGER ACCEPT ORDERS OR SHIP FILSHIE CLIP SYSTEM DEVICES TO
CUSTOMERS

Source text: (https://bit.ly/2scJjWN)
Further company coverage:  UTMD.O 

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