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Varian Medical Systems Inc (VAR.N)

VAR.N on New York Stock Exchange

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Thu, Jun 14 2018

Australia's Sirtex picks $1.4 billion Chinese bid over Varian offer

SYDNEY Australia's Sirtex Medical has picked the highest bidder in a takeover battle for the liver cancer specialist, going with a $1.4 billion Chinese offer that trumped U.S. company Varian Medical Systems .

UPDATE 3-Australia's Sirtex picks $1.4 bln Chinese bid over Varian offer

* CDH offer was made only days before Varian was to seal deal

BRIEF-Sirtex Responds To Varian Release On CDH's Competing Bid

* BOARD CONSIDERING RELATIVE MERITS AND RISKS OF CDH PROPOSAL AND VARIAN MEDICAL SYSTEMS SCHEME

Varian says will not match Chinese bid for Australia's Sirtex

Varian Medical Systems said it would not increase its offer to buy Australian liver cancer treatment provider Sirtex Medical Ltd after Sirtex on Tuesday said Chinese private equity firm CDH Investments had submitted a formal bid.

UPDATE 1-Varian says will not match Chinese bid for Australia's Sirtex

May 22 Varian Medical Systems said it would not increase its offer to buy Australian liver cancer treatment provider Sirtex Medical Ltd after Sirtex on Tuesday said Chinese private equity firm CDH Investments had submitted a formal bid.

BRIEF-Varian notifies Sirtex it will not submit a counterproposal to competing bid

* VARIAN NOTIFIES SIRTEX IT WILL NOT SUBMIT A COUNTERPROPOSAL TO COMPETING BID

BRIEF-Varian Acquires Taiwan Distributor

* VARIAN MEDICAL SYSTEMS INC - ACQUIRED COOPERATIVE CL ENTERPRISES, A DISTRIBUTOR OF RADIOTHERAPY EQUIPMENT IN TAIWAN Source text for Eikon: Further company coverage:

Chinese firm makes last-minute $1.4 billion offer for Australia's Sirtex, trumps Varian

SYDNEY/HONG KONG Chinese private equity firm CDH Investments lobbed a last-minute $1.4 billion offer for Australian liver-cancer treatment firm Sirtex Medical , trumping Varian Medical Systems days before the U.S. firm was set to seal a takeover deal.

UPDATE 2-Chinese firm makes last-minute $1.4 bln offer for Australia's Sirtex, trumps Varian

* Varian says its offer is superior (Recasts, adds shareholder and analyst comments, background)

Australia's Sirtex gets $1.4 bln takeover offer from China's CDH Investments

May 4 Australia's Sirtex Medical said on Friday China's CDH Investments has made an offer to buy all shares of the company for A$1.87 billion ($1.41 billion), or A$33.6 per share, in cash.

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