Key Developments For Sirona Dental Systems, Inc.
Sirona Dental Systems, Inc. (SIRO.O) (Nasdaq)
Sirona Dental Systems GmbH Prices Public Secondary Offering
Sirona Dental Systems GmbH announced the pricing of the public secondary offering of 7,500,000 shares of its common stock by Sirona Holdings Luxco S.C.A. at a price to the public of $23.75 per share. The selling stockholder has granted the underwriters a 30-day option to purchase up to an additional 1,125,000 shares to cover over-allotments, if any. The Company will not receive any of the proceeds from the sale of shares of common stock by the selling stockholder in this offering, but will pay certain expenses. J.P. Morgan Securities Inc. and BofA Merrill Lynch are the joint book-running managers for the offering. William Blair & Company, LLC is co-lead manager and Jefferies & Company, Inc. and Credit Suisse Securities (USA) LLC are co-managers.
Sirona Dental Systems GmbH Proposes Public Secondary Offering
Sirona Dental Systems GmbH announced a public secondary offering of 7,500,000 shares of its common stock by Sirona Holdings Luxco S.C.A. The selling stockholder has granted the underwriters an option to purchase up to an additional 1,125,000 shares. The offering will be made under a shelf registration statement filed with the Securities and Exchange Commission. J.P. Morgan Securities Inc. and BofA Merrill Lynch will be the joint book running managers. The Company will not receive any of the proceeds from the sale of shares of common stock by the selling stockholder in this offering.
Sirona Dental Systems GmbH Reaffirms FY 2009 Guidance
Sirona Dental Systems GmbH reaffirmed its fiscal 2009 guidance and expects both revenues on a constant currency basis, and operating income excluding amortization to be flat as compared to fiscal 2008. The Company reported revenues of $757 million and EBIT of $63.58 million in fiscal 2008.
Sirona Dental Systems GmbH Reiterates FY 2009 Outlook
Sirona Dental Systems GmbH reiterated its fiscal 2009 outlook and expects both revenues on a constant currency basis, and operating income (EBIT) excluding amortization to be flat as compared to fiscal 2008. The Company reported revenues of $757 million and EBIT of $63.58 million in fiscal 2008.
Sirona Dental Systems GmbH Reaffirms FY 2009 Outlook
Sirona Dental Systems GmbH reaffirmed its fiscal 2009 guidance and expects both revenues on a constant currency basis, and operating income excluding amortization to be flat as compared to fiscal 2008.
