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Dentsply Sirona Inc (XRAY.O)

XRAY.O on Nasdaq

59.43USD
30 Sep 2016
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Latest Key Developments (Source: Significant Developments)

Dentsply Sirona Q2 adjusted earnings per share $0.76
Friday, 5 Aug 2016 07:00am EDT 

Dentsply Sirona Inc : Q2 adjusted non-GAAP earnings per share $0.76 . Q2 earnings per share view $0.70, revenue view $1.03 billion -- Thomson Reuters I/B/E/S . Q2 GAAP earnings per share $0.44 . Qtrly revenues of $1.02 billion, up 46.4% compared to prior year . Reiterates 2016 guidance .Fy2016 earnings per share view $2.75, revenue view $3.84 billion -- Thomson Reuters I/B/E/S.  Full Article

Kitron signs supply agreement with Dentsply Sirona
Wednesday, 20 Jul 2016 02:30am EDT 

Kitron ASA :Kitron has been selected as a new supplier for Dentsply Sirona , manufacturer of professional dental products and technologies.  Full Article

Dentsply Sirona reports qtrly gaap EPS of $0.70
Friday, 6 May 2016 07:47am EDT 

Dentsply Sirona Inc : Qtrly gaap eps of $0.70 . Qtrly non-gaap adjusted eps $0.69 . Qtrly net sales $772.6 million versus $656.3 million . Fy2016 earnings per share view $2.75, revenue view $3.79 billion -- Thomson Reuters I/B/E/S . Sees fy 2016 adjusted earnings per share $2.70 to $2.80 . In 2016, we expect constant currency revenue growth of 4% to 6% .Q1 earnings per share view $0.63, revenue view $741.8 million -- Thomson Reuters I/B/E/S.  Full Article

DENTSPLY International Inc. and Sirona Dental Systems, Inc Announce Completion of Remaining Regulatory Milestones for Proposed Merger
Thursday, 25 Feb 2016 09:27am EST 

DENTSPLY International Inc. and Sirona Dental Systems, Inc:Announced that the proposed merger of equals between the two companies has cleared regulatory review.Following similar approvals in the United States and Ukraine, both the European Commission and Russia's Federal Antimonopoly Service have announced approval of the proposed merger of DENTSPLY International Inc. and Sirona Dental Systems, Inc.This regulatory clearance marks an important milestone in the proposed transaction and the companies now expect the transaction to close on or about Feb. 29, 2016.  Full Article

DENTSPLY International Inc and Sirona Dental Systems Inc announce expiration of hart-scott-rodino waiting period for proposed merger
Monday, 23 Nov 2015 09:11am EST 

DENTSPLY International Inc and Sirona Dental Systems Inc:announced that waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976, with respect to the proposed merger of DENTSPLY and Sirona, has expired.As a result, no further antitrust regulatory review of the merger will be necessary in the United States.expiration of the waiting period under the HSR Act satisfies one of the conditions to the closing of pending merger, which remains subject to other regulatory approvals and customary closing conditions.Both parties continue to expect the transaction to close during the first quarter of 2016, following approval from shareholders of both companies and satisfaction of all other closing conditions.  Full Article

DENTSPLY International Inc announces offer to buy up to $150 mln of outstanding 4.125% notes due 2021
Thursday, 29 Oct 2015 09:20am EDT 

DENTSPLY International Inc:DENTSPLY International Inc announces offer to purchase up to US$150 million of its outstanding 4.125% notes due 2021.Says purpose of the offer is to refinance a portion of the company's debt.Says notes had an aggregate principal amount outstanding of $450 million as of October 29, 2015.To arrange new unsecured debt financing in amount sufficient to fund the total consideration payable pursuant to the offer.  Full Article

DENTSPLY International Inc and Sirona Dental Systems Inc announce combination to create the dental solutions company in $13 billion merger of equals
Tuesday, 15 Sep 2015 04:21pm EDT 

DENTSPLY International Inc and Sirona Dental Systems Inc:Dentsply and Sirona announce combination to create the dental solutions company in $13 billion merger of equals.Says Sirona shareholders will receive 1.8142 shares of DENTSPLY for each existing Sirona share.Upon closing of transaction, DENTSPLY shareholders will own 58% and Sirona shareholders will own 42% of the combined company.Combination expected to be accretive to each company's shareholders on an adjusted earnings per share basis within first year.Says combined company will be called DENTSPLY Sirona and trade on the NASDAQ under the symbol xray.Says stock issuance in the merger is expected to be tax-free to shareholders of both companies.Jeffrey T. Slovin, president and CEO of Sirona, will serve as chief executive officer of the combined company.New co will have net revenue of about $3.8 billion and adjusted EBITDA of more than $900 million on pro forma basis for last twelve months.Bret. W. Wise, chairman and chief executive officer of DENTSPLY, will serve as executive chairman of the combined company.Says new company plans to maintain dentsply's current dividend level of $0.29 per share.Board will consist of 11 members, six of which are current DENTSPLY directors and five of which are current Sirona directors.DENTSPLY Sirona intends to execute $500 million share buyback as soon as possible after closing.  Full Article

Dentsply International raises FY 2015 earnings guidance
Thursday, 30 Jul 2015 07:00am EDT 

Dentsply International:Says that for FY 2015 it is increasing adjusted earnings guidance to the range of $2.54 to $2.62 per diluted share from $2.50 to $2.60 per share, previously.  Full Article

DENTSPLY International Inc declares quarterly cash dividend
Wednesday, 29 Jul 2015 01:50pm EDT 

DENTSPLY International Inc:Declared quarterly cash dividend of $0.0725 per share of common stock, an indicated annual rate of $0.29 per share.Dividend is payable on Oct. 9 to holders of record on Sept. 25.  Full Article

Dentsply International announces Lab Restructuring
Tuesday, 26 May 2015 06:00am EDT 

Dentsply International:Reaches agreement with the applicable works councils in Germany to proceed with restructuring portions of its laboratory business, consistent with its earlier announcement of Sept. 17, 2014.Says realignment of the lab business is designed to increase emphasis on innovative prosthetic materials while exiting portions of the lab equipment and fabrication businesses.Says the majority of this restructuring effort will be implemented during the remainder of fiscal 2015 and 2016.Company expects to incur total costs in the range of $33 to $38 million related to this initiative, the majority of which are expected to be recorded in the fiscal second quarter of 2015.Says it is anticipated that approximately 85% of these costs will be cash outlays, including costs related to severance and employee related obligations.This initiative impacts certain manufacturing operations from two sites in Germany, one of which will be closed and another that will be downsized.Company noted that this action is part of its broader efficiency program and the anticipated impact was included in the adjusted earnings guidance as previously provided.  Full Article

BRIEF-Dentsply Sirona Q2 adjusted earnings per share $0.76

* Q2 earnings per share view $0.70, revenue view $1.03 billion -- Thomson Reuters I/B/E/S