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Medical Equipment, Supplies & Distribution

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Owens & Minor Announces Updates On Pending Acquisition Of Halyard Health's S&IP Business

Friday, 5 Jan 2018

Jan 5 (Reuters) - Owens & Minor Inc ::OWENS & MINOR ANNOUNCES UPDATES ON PENDING ACQUISITION OF HALYARD HEALTH’S S&IP BUSINESS.OWENS & MINOR INC - ‍AS PART OF INTEGRATION PLAN FOR S&IP BUSINESS, CO ANTICIPATES WILL ORGANIZE INTO 2 BUSINESS UNITS,GLOBAL SOLUTIONS,GLOBAL PRODUCTS​.

Shanghai Kindly Enterprise Development Group says dissolution and liquidation of unit

Monday, 25 Dec 2017

Dec 25(Reuters) - Shanghai Kindly Enterprise Development Group Co Ltd <603987.SS>:Says a Shanghai-based tubulation unit, which was established by co's medical instrument unit and a South Korea-based firm, will be liquidated and dissolved .

Shareholder to sell 5.9 pct stake in Wuhan Thalys Medical Technology

Friday, 15 Dec 2017

Dec 15(Reuters) - Wuhan Thalys Medical Technology Inc <603716.SS>:Says a Shanghai-based company, which holds 5.9 percent stake in the company plans to sell entire stake in the company to an individual, Deng Yuehui, for 165.8 million yuan, and Deng Yuehui will increase stake in the company to 5.9 percent .

Visionaryholdings says restructuring of units

Monday, 11 Dec 2017

Dec 11 (Reuters) - Visionaryholdings Co Ltd <9263.T>:Says it plans to dissolve a Tokyo-based unit in late February 2018.Says unit MEGANESUPER will take over all shares of MEGANE HOUSE from the Tokyo-based unit on Feb. 19, 2018 .

Dignitana moves Swedish operations to the United States

Tuesday, 14 Nov 2017

Nov 14 (Reuters) - DIGNITANA AB :DIGNITANA MOVING OPERATIONS TO THE U.S..‍DIGNITANA AB INTENDS TO RELOCATE OPERATIONS FROM ITS HEAD OFFICE IN LUND, TO COMPANY'S SUBSIDIARY IN U.S​.‍INITIAL TRANSITION COSTS ARE ESTIMATED AT SEK 3 MILLION.​.‍ESTIMATES COST SAVINGS OF APPROXIMATELY SEK 15 MILLION ON A YEARLY BASIS​.

Owens & Minor to buy Halyard Health's surgical & infection prevention business for $710 mln

Wednesday, 1 Nov 2017

Nov 1 (Reuters) - Owens & Minor Inc :Owens & Minor to acquire Halyard Health Inc's surgical & infection prevention (S&IP) business for $710 million in cash.Owens & Minor Inc - ‍expects annual pre-tax synergies to reach approximately $40 million by year three post closing​ of deal.Owens & Minor Inc - co expects transaction to be accretive to non-GAAP diluted earnings per share in 2018, with increasing accretion thereafter​.Owens & Minor Inc - ‍intends to finance transaction with a combination of cash and debt​.Owens & Minor Inc- ‍transaction has been approved by boards of directors of both companies​.

Owens & Minor to buy Halyard Health's surgical & infection prevention business for $710 mln

Wednesday, 1 Nov 2017

Nov 1 (Reuters) - Owens & Minor Inc :Owens & Minor to acquire Halyard Health Inc's surgical & infection prevention (S&IP) business for $710 million in cash.Owens & Minor Inc - ‍expects annual pre-tax synergies to reach approximately $40 million by year three post closing​ of deal.Owens & Minor Inc - co expects transaction to be accretive to non-GAAP diluted earnings per share in 2018, with increasing accretion thereafter​.Owens & Minor Inc - ‍intends to finance transaction with a combination of cash and debt​.Owens & Minor Inc- ‍transaction has been approved by boards of directors of both companies​.

Getinge Q3 core profit lags expectations, targets PPAC listing by year-end ​

Wednesday, 18 Oct 2017

Oct 18 (Reuters) - Getinge :Q3 ‍order intake increased by 2.2% to sek 7,334 m (7,176). Order intake increased organically by 4.7%.​.Getinge q3 - ‍net sales fell by 3.4% to sek 6,696 m (6,929). Net sales decreased organically by 0.7%.​.Q3 ‍ebita 1* declined by 31.6% to sek 659 m​.Getinge says organic sales growth is expected to be slightly positive in 2017.‍​.Getinge says currency transaction effects are expected to have a positive impact of approximately sek 250 m on getinge’s 2017 ebit‍​.Reuters poll: getinge q3 order intake was seen at 7.2 billion sek, adjusted. Ebita at 904 million.Says ‍net sales were adversely impacted by lower order intake in q2 and higher expenses partly related to work on preparing proposed distribution of patient & post-acute care business area​.Getinge says remainder of 2017 will be challenging, partly because the fourth quarter is our most important quarter in terms of sales and profitability, and partly because we have large-scale projects to complete before the start of 2018‍​.Getinge says aim is to distribute and list ppac division before end of year, on condition of a decision by the board and the approval of an extraordinary general meeting‍​.

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