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Cooper Companies' Business Unit Acquires Obp Surgical for $100 Million
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Cooper Companies' Business Unit Acquires Obp Surgical for $100 Million
Aug 2, 2024 2:31 AM

05:07 AM EDT, 08/02/2024 (MT Newswires) -- Cooper Companies ( COO ) said late Thursday its CooperSurgical unit acquired Obp Surgical, a US medical device firm, for about $100 million.

Cooper Companies ( COO ) said the deal will likely be neutral to its non-GAAP earnings per share in fiscal 2024 but will turn accretive after the current fiscal year. The products that CooperSurgical is acquiring generated roughly $14.5 million of trailing 12-month revenue.

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