News: STERIS Corp (STE.N)

STE.N on New York Stock Exchange

56.26USD
20 Oct 2014
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Mon, Oct 13 2014

U.S.-based Steris to buy UK's Synergy Health, tax savings eyed

- U.S. medical technology company Steris Corp offered to buy British sterilisation services provider Synergy Health Plc for about $1.9 billion in cash and stock in a deal that would shift its domicile to the UK and cut its tax bill.

UPDATE 1-US-based Steris to buy UK's Synergy Health, tax savings eyed

* Tax rate seen falling to 25 pct 2015/16 from 31.3 pct in 13/14

Steris Corp to buy Britain's Synergy Health for $1.9 bln

Oct 13 - Medical Technology provider Steris Corp said it offered to buy British sterilisation services provider Synergy Health for about $1.9 billion in cash and stock to expand its footprint in Europe.

BRIEF-Steris Corp to acquire UK's Synergy Health for $1.9 bln

* Steris and Synergy are pleased to announce that they have reached agreement on terms of a recommended combination of Synergy with Steris

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