May 22, 2018 / 9:16 AM / a month ago

BRIEF-Varian notifies Sirtex it will not submit a counterproposal to competing bid

May 22 (Reuters) - Varian Medical Systems Inc:

* VARIAN NOTIFIES SIRTEX IT WILL NOT SUBMIT A COUNTERPROPOSAL TO COMPETING BID

* CO IS COMMITTED TO TERMS OF VARIAN SCHEME AT PURCHASE PRICE OFFERED BY VARIAN OF A$28 PER SHARE

* UNDER TERMS OF SCHEME OF ARRANGEMENT VARIAN HAS RIGHT TO SUBMIT A COUNTERPROPOSAL TO CDH PROPOSAL

* VARIAN MEDICAL- VARIAN HAS FORMALLY NOTIFIED SIRTEX THAT IT WILL NOT BE SUBMITTING A COUNTERPROPOSAL Source text for Eikon: Further company coverage:

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