02:04 PM EDT, 03/27/2026 (MT Newswires) -- Teleflex ( TFX ) said Friday it has not rejected potential acquisition interest and has not received any proposals for its RemainCo business, pushing back on claims from shareholder Irenic Capital Management.

Irenic, which owns 2% of Teleflex ( TFX ), said earlier Friday that it had urged the Teleflex ( TFX ) board to engage with multiple parties it believes are interested in acquiring the company.

Teleflex ( TFX ) disputed Irenic's assertion that the board instructed advisers to refuse approaches from potential suitors, calling the claim "patently false" and saying the board would consider any bona fide proposal.

The company, which is searching for a new CEO and carrying out a multiyear restructuring, said it expects to use $1.8 billion in proceeds from previously announced divestitures, slated to close in H2, to fund a $1 billion share buyback and $800 million in debt reduction.

Irenic didn't immediately reply to a request for comment from MT Newswires.

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