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BRIEF-Haemonetics Announces Definitive Agreement To Acquire Attune Medical
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BRIEF-Haemonetics Announces Definitive Agreement To Acquire Attune Medical
Mar 5, 2024 3:28 AM

March 5 (Reuters) - Haemonetics Corp ( HAE ):

* HAEMONETICS ANNOUNCES DEFINITIVE AGREEMENT TO ACQUIRE

ATTUNE

MEDICAL

* HAEMONETICS WILL ACQUIRE ATTUNE MEDICAL FOR AN UPFRONT

CASH

PAYMENT OF $160 MILLION

* : PLANS TO FINANCE THIS ACQUISITION THROUGH A COMBINATION

OF

CASH-ON-HAND AND A DRAW UNDER ITS REVOLVING CREDIT FACILITY

* EXPECTS TRANSACTION TO BE IMMEDIATELY ACCRETIVE TO REVENUE

AND

EARNINGS GROWTH FOLLOWING COMPLETION OF TRANSACTION

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