May 17, 2018 / 9:40 AM / 2 months ago

BRIEF-Alaris Royalty Receives $97.6 Mln From Repurchases, Resulting In A 40 Pct Gain On Invested Capital

May 17 (Reuters) - Alaris Royalty Corp:

* ALARIS ROYALTY CORP. RECEIVES $97.6 MILLION FROM REPURCHASES, RESULTING IN A 40% GAIN ON INVESTED CAPITAL

* ALARIS ROYALTY - LABSTAT, ITS AFFILIATES ENTERED INTO PURCHASE AND SALE AGREEMENT, WITH THIRD PARTY, PURSUANT TO WHICH THIRD PARTY WILL BUY LABSTAT

* ALARIS ROYALTY - LABSTAT SALE WILL RESULT IN A REPURCHASE OF ALL OF UNITS ALARIS HOLDS IN LABSTAT AND ALARIS RECEIVING GROSS PROCEEDS OF $69.63 MILLION Source text for Eikon: Further company coverage:

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