Reuters logo
2 months ago
BRIEF-NOVADAQ enters into agreement to be acquired by Stryker
June 19, 2017 / 12:19 PM / 2 months ago

BRIEF-NOVADAQ enters into agreement to be acquired by Stryker

June 19 (Reuters) - Novadaq Technologies Inc

* Novadaq enters into agreement to be acquired by stryker corporation

* Novadaq technologies inc - deal for total equity value of approximately us$701 million

* Novadaq technologies says stryker has agreed to acquire all of issued and outstanding shares of novadaq for us$11.75 per share in cash

* Novadaq technologies says transaction will be carried out by way of court approved plan of arrangement under canada business corporations act

* Novadaq technologies inc - arrangement agreement provides for payment of termination fee of $21.0 million by novadaq to stryker in certain circumstances Source text for Eikon: Further company coverage:

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below