Sterigenics to buy isotope supplier Nordion for $727 million

Fri Mar 28, 2014 5:19pm EDT

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(Reuters) - Sterilization services provider Sterigenics will buy Canadian medical isotopes supplier Nordion Inc NDN.TO NDZ.N for $727 million.

The offer of $11.75 per share represents a 12 percent premium to Nordion's closing price on the New York Stock Exchange on Thursday, the companies said.

(Reporting By Sneha Banerjee in Bangalore; Editing by Don Sebastian)

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