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Gimv Nv portfolio Company Endosense Acquired by St.Jude Medical


Monday, 19 Aug 2013 08:33am EDT 

Gimv Nv announced that St.Jude Medical acquired portfolio company Endosense (Switzerland). Under the terms of the agreement St.Jude Medical has agreed a purchase price of CHF 159 million upfront for 100% of the outstanding equity of Endosense. The terms of the transaction also provide for an additional cash payment of up to CHF 150 million, which is contingent upon both the achievement and timing of a regulatory condition. 

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