December 18, 2017 / 2:38 PM / 10 months ago

BRIEF-Coloplast Acquires SAS Lilial

Dec 18 (Reuters) - Coloplast:

* ANNOUNCEMENT NO. 13/2017 - COLOPLAST A/S ACQUIRES SAS LILIAL

* TO ACQUIRE SAS LILIAL FOR A CASH CONSIDERATION OF EUR 35.5M EQUAL TO APPROX. DKK 264M ON A CASH AND DEBT-FREE BASIS​

* ‍TRANSACTION IS SUBJECT TO CUSTOMARY CLOSING CONDITIONS, AND IS EXPECTED TO CLOSE BEFORE YEAR-END 2017​

* ‍ACQUISITION WILL, IF COMPLETED, LEAD TO A REVISED FINANCIAL GUIDANCE FOR FINANCIAL YEAR 2017/18​

* ‍LILIAL IS EXPECTED TO RECORD SALES OF APPROX. EUR 33M OR APPROX. DKK 246M FOR FULL-YEAR 2017​ Source text for Eikon: Further company coverage: (Gdynia Newsroom)

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