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New Deal


Announced

STERIS to acquire the surgical instrumentation platform from Becton Dickinson for $540m.

Financials

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Transaction Value£421m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales3.2x
EV/EBITDA-
Share Price Premium-
One Off Charge-

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Friendly

medical technology

Majority

Medical Equipment

Single Bidder

United States

Pending

Acquisition

Domestic

Private

Synopsis

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STERIS, a provider of products and services that support patient care, agreed to acquire the surgical instrumentation platform from Becton Dickinson, a global medical technology company, for $540m. “We are pleased to announce the signing of this agreement today, as the brands we are adding will strengthen, complement and expand STERIS’s product offerings within our Healthcare segment. In particular, the focus on the operating room and sterile processing department fits perfectly with our Healthcare Customers. We welcome these teams to STERIS and look forward to working together to enhance our value to our customers,” Dan Carestio, STERIS President and CEO.

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